What do you mean by Force Majeure Clause?

Question

Accepted Answer

A Force Majeure Clause is a contractual provision that excuses a party from performing its contractual obligations due to unforeseen circumstances beyond their control.

It is commonly included in contracts to protect parties from events such as natural disasters, war, strikes, and other unforeseeable events.
The clause typically lists specific events that would trigger its application.
The party seeking to rely on the clause must demonstrate that the event was beyond their control and made performance impossible or impracticable.
Force majeure clauses vary in scope and language, so it is important to carefully review and negotiate the terms in a contract.
Examples of events that may trigger a force majeure clause include earthquakes, hurricanes, terrorist attacks, and government actions.

What do you mean by Force Majeure Clause?

Top Exa Mobility Legal Associate interview questions & answers

Popular interview questions of Legal Associate

Top HR questions asked in Exa Mobility Legal Associate