Changed Circumstances | Contracts | Defenses & Excuses

In this lesson, we move from our coverage of the defenses to formation to considering the changed circumstances defenses. There are three changed circumstances defenses. Each is based on the rationale that some event has occurred after contract formation that makes performance so problematic that the party should be excused from having to perform. Chapters 00:00 - Introduction 01:21 - Three Excuses 03:14 - (1) Impossibility 14:51 - Example 19:38 - (2) Impracticability 23:46 - Example 29:57 - (3) Frustration of Purpose 32:48 - Example 37:22 - Conclusion/Outro