Excuse of Performance McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved Objectives Chapter Objectives: • Use vocabulary regarding excuse of performance properly • Discuss the theory behind excusing performance rather than declaring it a breach • Identify the objective standards used to determine whether an excuse for performance exists • Differentiate between impossibility of performance and impracticality of performance 11-2 Objectives Chapter Objectives: • Determine if the contract’s purpose has become frustrated • Explain the difference between performance prevented and voluntary disablement • Evaluate whether a party’s performance is excused due to insolvency 11-3 Objectives • This chapter will examine WHEN performance on a contract is “excused”—a party’s nonperformance is not considered a breach— and • WHAT those excuses for nonperformance are 11-4 Impracticality • Impracticality as an excuse means that the obligations could only be fulfilled at excessive and unreasonable cost • This excessiveness and unreasonableness must be beyond what either party could have anticipated and therefore could not have considered as part of their bargain 11-5 Impracticality • Objective impracticality – A party’s performance is excused only when the circumstances surrounding the contract become so burdensome that any reasonable person in the same situation would excuse performance 11-6 Impossibility • There are three instances where the capacity to perform rises beyond impracticality to impossibility: 1. Death or incapacity of a party (or other person needed to complete the performance) 2. Destruction of the subject matter (or of a specific thing necessary for performance) 3. Supervening illegality 11-7 Impossibility • Death or incapacity of a party (or other person needed to complete the performance) – The first excuse may seem to be selfevident. However, language of the contract or the type of contract may dictate otherwise – While most people do not like to consider their mortality while drawing up a contract, clauses indicating that the agreement will survive, even though the parties do not, are valid 11-8 Impossibility • Death or incapacity of a party – If it is determined that the contract is not “personal” in nature, meaning that only that person is capable or desirable to perform, then the contract can be carried out by the deceased’s estate or personal representatives 11-9 Impossibility • Death or incapacity of a party – The typical example in this scenario is a contract for the sale of real estate. It does not matter to the buyer that the seller is no longer alive. The estate is perfectly capable of transferring the real estate interest 11-10 Impossibility • Destruction of the subject matter – Excuse of performance is based on the unforeseeable and unavoidable loss of the subject matter – What this excuse assumes is that the loss of the subject matter was not due to a foreseeable event that could have been avoided and/or the risk of loss could have been allocated in the contract 11-11 Impossibility • Destruction of the subject matter – Even more important for the excuse element is that the loss was not due to the voluntary action of one of the parties – If a party has caused the loss that makes performance impossible, then she cannot rely on impossibility as a defense. That would be a case of voluntary disablement 11-12 Impossibility • Destruction of the subject matter – force majeure: • An event that is neither foreseeable nor preventable by either party that has a devastating effect on the performance obligations of the parties – “Acts of God” 11-13 Impossibility • Supervening illegality – A change in the law governing the subject matter of the contract that renders a previously legal and enforceable contract void and therefore excusable – The change in the law made what was previously acceptable under the contract illegal 11-14 Frustration Of Purpose • Where both parties are able to perform on their contractual obligations, but due to changed circumstances it becomes useless for them to do so, a contract’s purpose has been frustrated 11-15 Frustration Of Purpose • There are stringent requirements for applying the doctrine of frustration of purpose − The reason why the agreement was made in the first place must no longer exist; therefore, the value of the contract has become a nullity − The changed circumstance cannot be one that was foreseeable or for which the risk of its occurrence was allocated to one party or the other 11-16 Performance Prevented • Performance prevented − If a party takes steps to preclude the other party’s performance, then the performance is excused due to that interference 11-17 Voluntary Disablement If a party takes steps to preclude his own performance, then the performance due from the other party is excused due to that refusal/inability to perform 11-18 Voluntary Destruction • Voluntary destruction of the subject matter also constitutes voluntary disablement – The party will be held in breach of contract for his fault – The “innocent” party will be excused from performance obligations 11-19 Insolvency • A party’s inability to pay his debts, which may result in a declaration of bankruptcy and put all contractual obligations on hold or terminate them • The declaration of bankruptcy stops all transactions in their tracks in order to maintain the status quo until the resolution of the bankruptcy 11-20 Insolvency • It must be determined whether the bankruptcy amounts to forfeiture — the party’s unequivocal inability to perform • Courts do not favor a declaration of forfeiture and this determination must be made on a case-by-case basis 11-21 Summary • An aggrieved party may be released from the obligation to perform according to the terms of the contract if : 1. The required performance is impractical. If, from an objective standpoint, the performance would require unforeseeable, excessive and unreasonable cost or a burden on a party, the performance may be excused 11-22 Summary • An aggrieved party may be released from the obligation to perform according to the terms of the contract if : 2. The required performance is impossible and the performance may be excused • If a party has died or become otherwise incapable of performance, • if the subject matter has been destroyed, or, • if the required performance, since the making of the contract, has become illegal 11-23 Summary • An aggrieved party may be released from the obligation to perform according to the terms of the contract if : 3. The contract’s purpose is frustrated. If the very reason for entering into the contract no longer exists, the performance may be excused 11-24 Summary • An aggrieved party may be released from the obligation to perform according to the terms of the contract if : 4. Performance is prevented or there has been voluntary disablement. If a party either does something that makes his own or the other party’s performance impossible, the “innocent” party’s performance may be excused 11-25 Summary • An aggrieved party may be released from the obligation to perform according to the terms of the contract if : 5. A party has become insolvent. If a party declares bankruptcy, the other party’s performance may be excused 11-26