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Rebecca has entered into a contract to provide a retail shop with 200 pieces of jewellery by close of business on 15th October for $10

Rebecca has entered into a contract to provide a retail shop with 200 pieces of jewellery by close of

business on 15th October for $10 000.

Unfortunately, the raw material she uses to manufacture the jewellery has increased in price by 45%,

which means she will make no profit on the contract.

Rebecca considers the contract is now void for frustration. Is she correct?

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