Impossibility, Impracticability, of Frustration of Purpose • Waiver or Release • http://thebusinessprofessor.com/discharge-from-contract/ Resource • 24. What are conditions upon the duty to perform a contract? Condition Precedent • • Condition Subsequent Resource • 25. What are the conditions regarding payment, delivery, and tender of performance? Tendering performance • - Payment before duty to Delivery Good. UCC Condition of Performance • - Perform before payment. Restatement Condition of Performance • http://thebusinessprofessor.com/tendering-performance-of-contract/ Resource Video: • 26. What are impossibility, impracticability, and a supervening frustration of purpose of a contract? Impossibility of Performance • Illegality of the subject matter; The subject of the contract (property) is destroyed;
• Impossibility, Impracticability, of Frustration of Purpose • Waiver or Release • Resource http://thebusinessprofessor.com/discharge-from-contract/ 24. What are conditions upon the duty to perform a contract? • Condition Precedent • Condition Subsequent • Resource 25. What are the conditions regarding payment, delivery, and tender of performance? • Tendering performance • UCC Condition of Performance - Payment before duty to Delivery Good. • Restatement Condition of Performance - Perform before payment. • Resource Video: http://thebusinessprofessor.com/tendering-performance-of-contract/ 26. What are impossibility, impracticability, and a supervening frustration of purpose of a contract? • Impossibility of Performance Illegality of the subject matter; The subject of the contract (property) is destroyed;
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