Question
Hervin enters into a contract to paint Bob's house. Prior to Hervin starting the job, Bob's house burns down. Is Hervin excused from his contractual
Hervin enters into a contract to paint Bob's house. Prior to Hervin starting the job, Bob's house burns down. Is Hervin excused from his contractual obligation?
a) NO. Hervin is till obligated to provide painting services to Bob
b) YES Hervin is excused due to Commercial Impracticability
c) YES Hervin is excused due to Frustration of Purpose
d) YES Hervin is excused due to impossibility
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
