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What is a frustration in business?
'Frustration' of a contract occurs where circumstances beyond the control of the parties mean that the contract can no longer be performed. It may also be the case that the obligations under the contract have become radically different from those originally envisaged due to those prevailing circumstances.
Have you ever wondered how so many Entrepreneurs’ lives have become stagnant with seemingly no way to adapt or pivot their business?
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Kevin McShan5
5454 ratings
What is a frustration in business?
'Frustration' of a contract occurs where circumstances beyond the control of the parties mean that the contract can no longer be performed. It may also be the case that the obligations under the contract have become radically different from those originally envisaged due to those prevailing circumstances.
Have you ever wondered how so many Entrepreneurs’ lives have become stagnant with seemingly no way to adapt or pivot their business?
Learn more about your ad choices. Visit megaphone.fm/adchoices