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Simple English definitions for legal terms

commercial frustration

Read a random definition: liber judicialis of Alfred

A quick definition of commercial frustration:

Commercial frustration is when something unexpected happens after making a contract that makes it impossible or financially unreasonable to follow through with the agreement. This is different from impossibility, which means it is physically impossible to fulfill the contract. To use commercial frustration as an excuse for breaking a contract, the event must have destroyed the value or purpose of the contract for one party, and that party could not have caused or predicted the event. However, it can be difficult to determine when an event is unforeseeable, and the rules vary by state. For example, if someone signed a lease for a car lot and then the government restricted car sales due to World War II, the court might not consider this commercial frustration because it was foreseeable, even though it was an extraordinary event.

A more thorough explanation:

Commercial frustration is a legal term used to describe a situation where a contract becomes impossible or impractical to perform due to unforeseeable events that occur after the contract is made. It is also known as frustration of purpose or impracticability.

Unlike impossibility, which applies when performance is actually impossible, commercial frustration applies when intervening circumstances make the contract useless or financially absurd to perform for one party.

For commercial frustration to apply, the event must essentially destroy all value or purpose of the contract for one party. An event that only causes major loss to one party would not suffice. Additionally, the party claiming commercial frustration could not be the cause of or have any warning of the event.

For example, if a company contracts with a supplier to provide a specific type of raw material for a product, but a natural disaster destroys the supplier's factory and makes it impossible to provide the material, the company may be able to claim commercial frustration and be released from the contract.

However, if a car lot owner signs a lease for a lot during World War II, when the public feared government restrictions on car sales, and the restrictions are actually implemented, the court may not find commercial frustration applies because the event was foreseeable, even though it was extraordinary. This was the case in Lloyd v. Murphy.

commercial exploitation | commercial law

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8:54
Here is a short one: https://www.tailopez.com/fullquiz again might be total bs idk
babycat
8:55
@llama: i got enfj-t
BulbasaurNoLikeCardio
8:55
ISTJ, for some reason HR made us take a personality quiz
babycat
8:55
In the first one
babycat
8:55
it says protagonist lol
8:56
@BulbasaurNoLikeCardio: what test did yall use? That is v intersting
8:57
@babycat: rare. upon reflection does it seem accurate?
babycat
8:58
“Your career path is likely to be driven by a deep-seated need to make a meaningful difference in people’s lives. You thrive in roles that allow you to inspire, guide, and develop others, making you an excellent teacher, counselor, or team leader. Your natural charisma and ability to articulate a compelling vision make you a standout in fields like human resources, public relations, or non-profit management.”
babycat
8:58
I like this
BulbasaurNoLikeCardio
9:00
@llama: honestly no idea it was through workday. I think it was like 2-3pts ISTJ over INTJ
9:00
the second test I linked gives careers. not sure if they use database correlation or something else?
9:01
@BulbasaurNoLikeCardio: that makes sense: you and bunny are both willing to go out of ur way to help others
BulbasaurNoLikeCardio
9:04
I honestly do not remember what it said about my personality type as it was almost two months ago
babycat
9:05
llama seems like he knows a lot about this so i will defer to his expertise
9:07
*does not. I am clueless to the validity. I think Im on the spectrum and in trying to understand social interaction, I have used theses 'types' to try to understand people
glovediedthisishismom
9:09
guys my boss was out all last week mysteriously for a "vacation" right after the accounting people found a bunch of messy stuff in the numbers, and she stil isnt here today
babycat
9:11
omg!! scandal
9:11
@glovediedthisishismom: she pulled some cash from the corp, gambled on red @ Vegas [like Fred Smith of FedEx], and LOST, now does not know what is next, probably. https://www.google.com/search?client=firefox-b-1-d&q=fedex+gambling+story
babycat
9:14
@llama: it’s okay i have like a little bit of girl autism too i think
9:17
@babycat: mine is self diagnosed- is yours? I do want to get a psyche eval at some point
BulbasaurNoLikeCardio
9:18
I have "operator syndrome" which is VA for a lot of TBIs, everyone is a little special but also being social sometimes just sucks. Not everyone is wired to be a super extrovert and it is okay to be less social
babycat
9:19
actually mine is diagnosed by Dkk of this chat
BulbasaurNoLikeCardio
9:20
@babycat: does it work like girl math or different?
babycat
9:20
i’m pretty social and probably not autistic. when I say girl autism I mean I just have some like trauma from my childhood
9:20
@BulbasaurNoLikeCardio: very possible as well.
starfishies
9:20
i thought it was a knod to how girls are often under diagnosed for things like adhd and autism lol
babycat
9:21
you can have a sense that you’re different from other people and don’t fit in or don’t understand them without being autistic I think
babycat
9:21
@starfishies: yeah that’s totally fair too
triplethread
9:22
today is THE day
babycat
9:22
also I’m on medicaid so even if i had autism I wouldn’t be able to get it diagnosed
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