JAMB Commerce 2017 Objective — Question 29
Question 29 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2017 Objective paper, with the correct answer and a full explanation.
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Mr Taiwo entered into a contract to let a car to Mr Bunmi for his wedding for two days. However, the car had an accident before the first day. Mr Bunmi's attempt to claim damages failed. This implies that the contract was terminated by
- A. A. bankruptcy
- B. B. frustrationCorrect
- C. C. breach
- D. D. lapse of time
Explanation
An unforeseen event (accident) beyond either party's control that makes performance impossible discharges a contract by frustration.
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