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Jan 15, 2015 · A force majeure clause in a contract essentially releases both parties from obligation or liability when a circumstance beyond the parties’ control occurs preventing fulfillment of the contract.
Force majeure translates literally from French as superior force. In English, the term is often used in line with its literal French meaning, but it has other uses as well, including one that has roots in a principle of French law.
In contract law, force majeure [1] [2] [3] ( French: [fɔʁs maʒœʁ]; lit. 'major force') is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, epidemic, or sudden legal change prevents one o...
The term describes a power or force that surpasses or can't be overcome. It refers to an unexpected or uncontrollable occurrence such as war, labor strikes, or severe weather that couldn't be predicted or controlled. How to use "force majeure" in a sentence.
May 16, 2024 · force majeure, in commercial and international law, an extraordinary and unforeseen event whose occurrence would free the parties in an agreement from certain obligations to one another. Force majeure incidents typically include wars , natural disasters (e.g., earthquakes), terrorist attacks , epidemics , and civil unrest, such as riots .
By including a well-crafted force majeure clause, you can protect your business from unforeseen events beyond your control, maintain flexibility in contract enforcement, and establish a clear allocation of risk.
Force Majeure refers to unforeseeable circumstances that prevent someone from fulfilling a contract. It is a legal concept that excuses parties from liability or obligation when an extraordinary event or circumstance beyond their control occurs, such as a war, strike, riot, crime, or an event described by the legal term act of God (hurricane ...
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