Commercial Impracticability
/kəˈmɜːrʃəl ɪmprækˈtɪkəbɪləti/
Definitions
- (n.) A defense in contract law excusing performance when unforeseen events make it excessively burdensome or costly to perform, though not impossible.
The buyer invoked commercial impracticability after a sudden supply shortage inflated costs drastically.
Related terms
Commentary
Commercial impracticability differs from impossibility by focusing on extreme difficulty or expense rather than literal impossibility; drafting should clearly specify triggering conditions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.