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A ship was chartered to proceed with all convenient speed from Singapore. One of the terms of the agreement read: ... any and all dangers

A ship was chartered to proceed with all convenient speed from Singapore. One of the terms of the agreement read: ... any and all dangers and accidents of the seas excluded. The ship left Singapore but crashed onto the reef the following day, and it was more than two months before it could be towed off. After this was done, it was found that months of work would be needed before the ship would be seaworthy again. Was the contract frustrated despite the term in the contract regarding accidents at sea?

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