Why Did the Court Find That the Contract Was Frustrated

question 34

Multiple Choice

Why did the court find that the contract was frustrated in the case of: Horlock v Beal [1916] AC 486?

• A)Due to the fundamental and radical change in the circumstances of the contract.
• B)Due to the declaration of war and the consequent impossibility of performing the contract.
• C)Due to the complete destruction of the subject matter of the contract.
• D)Due to the non-occurrence of an event essential to achieve the substantial purpose of the contract.

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Definitions:

Marketers

Professionals involved in the promotion, selling, and distribution of products or services to target consumers.

Conspicuous Waste

The act of spending money on and acquiring luxury goods and services to publicly display economic power.

Conspicuous Consumption

The practice of purchasing goods or services for the direct purpose of displaying wealth or social status rather than for practical reasons.

Leisure Class

A social class that has the means to live without the necessity for active economic productivity, often associated with conspicuous consumption and leisurely lifestyles.