A comparison the United States law of contracts with the law of contracts of the People's Republic of China.
Contract Law Force Majeure In Harris
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Multi-State
County:
Harris
Control #:
US-00103BG
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Force majeure provisions in contracts often provide a list of force majeure events, e.g. The COVID-19 pandemic has focused attention on a contract clause that normally doesn't get noticed much: force majeure.A "force majeure clause in a contract excuses nonperformance when circumstances beyond the control of the parties prevent performance. Below is an example of a notification letter declaring that a force majeure event has occurred in a commercial transaction. Force majeure is a contract clause that removes liability for catastrophic, unforeseen events that prevent participants from fulfilling obligations. Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected timeline. It refers to a superior or irresistible force that intervenes and prevents someone from performing their contractual obligations. The wording of the particular clauses in the context of the particular contract is all important.