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  2. Force majeure - Wikipedia

    en.wikipedia.org/wiki/Force_majeure

    In contract law, force majeure [1] [2] [3] (/ ˌ f ɔːr s m ə ˈ ʒ ɜːr / FORSS mə-ZHUR; French: [fɔʁs maʒœʁ]) is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, epidemic, or ...

  3. Hardship clause - Wikipedia

    en.wikipedia.org/wiki/Hardship_clause

    The hardship clause is sometimes used in relation to force majeure, particularly because they share similar features and they both cater to situations of changed circumstances. The difference between the two concepts is that hardship is the performance of the disadvantaged party becoming much more burdensome but still possible.

  4. Force Majeure: How Arcane Law Could Make or Break ... - AOL

    www.aol.com/news/force-majeure-arcane-law-could...

    Often spoken of interchangeably as "act of God" provisions, force majeure clauses can free both parties in a contract from obligation or liability in circumstances beyond either party's control.

  5. Boilerplate clause - Wikipedia

    en.wikipedia.org/wiki/Boilerplate_clause

    A force majeure clause is designed to protect against failures to perform contractual obligations caused by unavoidable events beyond a party’s control, such as natural disasters. Force majeure clauses are primarily used to identify circumstances in which performance of contract may be forgiven. [6] An example:

  6. Los Angeles wildfires: What happens to my mortgage after a ...

    www.aol.com/finance/los-angeles-wildfires...

    If you were in the process of buying or selling a home, review the purchase agreement for an “act of God” or force majeure clause. Depending on the contract, you might be able to get your ...

  7. Contractual term - Wikipedia

    en.wikipedia.org/wiki/Contractual_term

    Most countries, for example, have statutes which deal directly with sale of goods, lease transactions, and trade practices. For example, each American state except Louisiana has adopted Article 2 of the Uniform Commercial Code, which regulates contracts for the sale of goods. [26]

  8. Sale of Goods Law and COVID-19 - Wikipedia

    en.wikipedia.org/wiki/Sale_of_Goods_Law_and_Covid-19

    A force majeure clause is a contract clause that allows parties to be free of liability and obligation in the event that an extraordinary capacity event beyond the parties control occurs. There has been much debate regarding whether or not COVID-19 is considered an extraordinary capacity event that would be covered by the force majeure clause ...

  9. Privity of contract - Wikipedia

    en.wikipedia.org/wiki/Privity_of_contract

    Force majeure. Frustration of purpose ... The doctrine of privity of contract is a common law principle which provides that a ... An example of this occurs when a ...