Contracts
In New Mexico, a 'force majeure' clause in a real estate contract may excuse performance if:
AA party simply changes their mind
BAn extraordinary, unforeseeable event beyond the parties' control prevents performance✓ Correct
CMarket conditions change unfavorably
DConstruction costs increase
Explanation
A force majeure clause excuses non-performance when extraordinary events beyond a party's control (natural disasters, government orders, acts of war) prevent them from fulfilling their obligations.
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