Question: Answer the questions. 1.Please explain the relationship between the following two articles(They are taken from some countrys CONTRACT LAW). a)If a party fails to perform
Answer the questions.
1.Please explain the relationship between the following two articles(They are taken from some countrys CONTRACT LAW).
a)If a party fails to perform its obligations under a contract, or its performance fails to satisfy the terms of the contract, it shall bear the liabilities for breach of contract such as to continue to perform its obligations, to take remedial measures, or to compensate for losses.
b)A party who is unable to perform a contract due to force majeure is exempted from liability in part or in whole in light of the impact of the event of force majeure, except otherwise provided by law. Where an event of force majeure occurs after the party's delay in performance, it is not exempted from such liability.
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