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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

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.

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