Tue, Sep 30, 2014
A A A
Welcome kbr175@gmail.com
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 37188 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930