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#contract #frustration #law
you should be aware of the common law rules for two reasons. First, certain types of contracts are not governed by the Act (s 2(5)), and would therefore still be subject to the common law (unless the parties had made express contractual provision for the frustrating event, see section 18.4.5 above). Second, in order to understand the key provisions of the Act, it is useful to understand the common law position prior to the Act.
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