Contracts
What is 'impossibility of performance' as it relates to an Idaho real estate contract?
AA buyer's inability to qualify for a loan
BA legal excuse for non-performance when an unforeseen event makes performance objectively impossible✓ Correct
CA seller's refusal to complete the sale
DA contract term that can never be performed
Explanation
Impossibility of performance (supervening impossibility) excuses a party's contractual obligations when an unforeseen event makes performance objectively impossible — such as the property being destroyed by fire before closing.
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