Contracts
What is 'impossibility of performance' as a defense to contract breach in Nevada?
AWhen a buyer decides it is financially impossible to purchase
BA legal doctrine excusing a party from contract performance when an unforeseen event makes performance objectively impossible — the subject property being destroyed before closing is a classic example✓ Correct
CA defense available whenever performance becomes difficult or expensive
DA Nevada real estate doctrine applying only to seller-financed transactions
Explanation
Impossibility of performance (frustration of purpose) excuses contract performance when an unforeseen event — beyond the parties' control — makes performance truly impossible. In Nevada real estate, if a home burns down after contract execution but before closing, performance (conveyance of the home) may be truly impossible.
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