Which fo the following statement (s) is/are NOT correct about the discharge of a contract by impossibility of performance? |
Performance of a contract can become impossible with or without the knowledge of the parties to the contract. It can also become impossible subsequently after the parties have entered into a contract. It can also happen by Supervening impossibility. None of the above |
None of the above |
Performance of a contract can become impossible with or without the knowledge of the parties to the contract. It can also become impossible subsequently after the parties have entered into a contract. It can also happen by Supervening impossibility (Section 56).Supervening impossibility takes place by the following: a. Destruction of the subject matter; b. Death or incapacity; c. Non-existence of state of things having an effect directly or indirectly on the contract; d. Outbreak of war; e. Change or amendments in law. |