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GLOSSARY

Frustration definition

What does Frustration mean?

Where unforeseen circumstances prevent the performance of a contract so that it may be treated as discharged.

A contract is brought to an end by frustration where, despite the parties having reached agreement, a question arises concerning the existence or non-existence of some fact, or the occurrence or non-occurrence of some event, that destroys the basis upon which that agreement was reached so that the agreement is discharged or in some other way vitiated.

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