Sun, Aug 2, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Futures and Options more

The Eurozone and commodity contracts

Posted on 17 September 2012

Under English law, it is generally accepted that a contract is frustrated when without default of either party, a contractual obligation, which is or becomes significant, becomes incapable of being performed because the circumstances in which the performance is called for renders it radically different from that envisaged by the parties at the time of contracting.
Where a contact is frustrated, the law declares both parties to be discharged from further performance and brings the contract to an end immediately………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 41692 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031