Crisis management involves the identification, assessment, and response to unexpected events that threaten an organization or entity's stability and reputation. Effective Crisis management requires proactive planning, clear communication, and the ability to quickly adapt strategies to mitigate damage and recover efficiently.
Supervening impracticability occurs when an unforeseen event fundamentally alters the nature of a contractual obligation, making performance excessively burdensome or impossible through no fault of the parties involved. This doctrine serves as a defense to breach of contract, allowing for discharge of the obligation without penalty when the impracticability was not anticipated at the time of agreement formation.