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Concept
Supervening Event
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Summary
A
Supervening Event
is an
Unforeseen occurrence
that significantly alters the circumstances under which a contract or agreement was made, potentially rendering the
Original terms
obsolete or impossible to fulfill. It often serves as a
Legal Basis
for excusing parties from their obligations, highlighting the
Dynamic Interplay
between
Contractual Agreements
and
Real-world unpredictability
.
Concepts
Force Majeure
Impossibility Of Performance
Frustration Of Purpose
Contract Law
Legal Excuses
Unforeseen Circumstances
Doctrine Of Changed Conditions
Mutual Mistake
Impossibility Doctrine
Doctrine Of Frustration
Relevant Degrees
Law and Jurisprudence 60%
Economics 30%
Management Sciences 10%
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