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Frustration of Purpose Doctrine

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Multiple Choice

What is the legal doctrine of frustration of purpose?

  1. A legal doctrine that excuses a party from performing a contract when the purpose of the contract is frustrated.
  2. A legal doctrine that allows a party to terminate a contract if the other party fails to perform their obligations.
  3. A legal doctrine that allows a party to rescind a contract if there is a mistake of fact.
  4. A legal doctrine that allows a party to avoid a contract if there is duress or undue influence.