Louisiana Civil Code 1877 – Fortuitous event that has made performance impossible in part
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Terms Used In Louisiana Civil Code 1877
- Contract: A legal written agreement that becomes binding when signed.
When a fortuitous event has made a party’s performance impossible in part, the court may reduce the other party’s counterperformance proportionally, or, according to the circumstances, may declare the contract dissolved.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.