The Doctrine of Commercial Impracticability in a Second-Best World
The Doctrine of Commercial Impracticability in a Second-Best World
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第二好的世界中商业不切实际的原则
DOI:
10.1086/467842
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发表时间:
1990
期刊:
影响因子:
--
通讯作者:
A. Sykes
中科院分区:
文献类型:
--
作者:
A. Sykes
ORDINARILY, a promisor who fails to perform a contractual obligation must pay damages to the promisee for breach of contract. But if the promisor is "unable" to perform because an extraordinary contingency materializes, and the promisor has not expressly assumed the risk of that contingency, the courts may relieve the promisor of the obligation to perform. At common law, such decisions fall under the doctrine of "impossibility."' The Uniform Commercial Code (U.C.C.) adopts the term "impracticability'"2 which, for convenience, is used throughout this article to refer to both U.C.C. and common-law doctrine. This article explores the conditions under which a discharge of contractual obligations is efficient following an event that makes performance "impracticable," such as an extraordinary increase in the cost of per-