Barry is a horse trader and has been storing several of his highly priced stallions in a

stable. He is woken by a mobile call alerting him to a fire that has broken out in one of

the stables. He rushes over only to find that the fire was contained to one stable and

that two of his horses have perished in the fire. He realises that you have a written

contract of sale for one of those horses and that the buyer is scheduled to come over

the next day to collect the horse. Your experience tells you that for a contract to be

considered valid, the contract must be possible to perform. You urgently call your lawyer

to find out what the law says about your situation.