Paralegal Exam Prep

Category - Contracts

The following is an example of what type of clause?
"In the event of an act of God, strikes or acts of labor unions, fires, war or other occurrences beyond the control of the parties, the party affected shall not be liable for any failure to perform under this agreement."
  1. Act of God clause
  2. Termination clause
  3. Force majeure clause
  4. A or C
  5. A or B
Explanation
Answer: D. The contract clause is an example of an act of God clause, also referred to as a force majeure clause. An act of God clause excuses a party from performing obligations under a contract where extraordinary events out of the parties' control prevent performance.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz