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Law Aaron seeks to buy a certain type of copper. He contracts with Simon to purchase 1.000 tons of A.1 type copper for S100.000 Delivery
Law
Aaron seeks to buy a certain type of copper. He contracts with Simon to purchase 1.000 tons of A.1 type copper for S100.000 Delivery is set for 3 months after the contract date. One month later, an unexpected storm causes significant darnage over the world's largest copper mine, causing prices to increase 25%. Simon seeks to discharge the contract on the basis that obtaining the copper for Aaron would be "a great deal more expensive." What is the best basis for Simon to do so? The damage to the copper mine made it impossible to perform the contract. The damage to the copper mine made it commercially impracticable to perform the contract. The damage to the copper mine frustrated the purpose of the contract. (D) The damage to the copper mine made the contract too unfair to perform Step by Step Solution
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