Which of the following is an example of Supervening impossibility in the context of Indian Contract Act?
Answer & explanation
Correct answer: option 4
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.
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.