Frustration of Contract

Definition of Frustration of Contract

This doctrine provides, generally, that where existence of a specific thing is, either by terms of contract or in contemplation of parties, necessary for performance of a promise in the contract, duty to perform promise is discharged if thing is no longer in existence at time for performance. Glidden Co. v. Hellenic Lines, Limited, C.A.N.Y., 275 F.2d 253, 255. See U.C.C. § 2-615. See also Commercial impracticability; Impossibility.

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