00:04
temporary
00:05
commercial impracticability is an
00:07
affirmative defense
00:09
that historically had not been
00:13
widely used but it it had been used at
00:16
times
00:16
and it’s an affirmative defense that can
00:19
be raised to
00:20
one’s obligation to perform
00:24
on a contract during a
00:28
period of temporary commercial
00:30
impracticability
00:32
i know that sounds a little hyper
00:34
technical and perhaps a little legal but
00:36
essentially what it is
00:38
is it’s an affirmative defense or
00:40
equitable defense
00:42
that allows a party to have their
00:45
obligation to perform on a contract
00:48
excused not forgiven excused
00:52
during a period of unforeseen
00:56
commercial impracticability