Wednesday, March 18, 2009

CHAPTER NO.9 (DISCHARGED OF CONTRACT)

BUSINESS LAW
(KHALID MAHMOOD CHEEMA)

CHAPTER NO.9 (DISCHARGED OF CONTRACT)

DISCHARGED BY SUBSEQUENT IMPOSSIBLITY
Initial impossible
Subsequent impossible
Factors causing impossibility of performance
(a) Destruction of subject matter
(b)Failure of purpose
(c) Death or personal incapacity
(d) Change of law
(e) Declaration of war

( see page no. 103 to 105 of books- headings with examples)

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