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Demand for Terms of ContractCorporation Form

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today we're going to introduce the notion of impracticability in contracting we've earlier discussed a host of formation defenses that are judged at the time of contract formation but impracticability is a post formation defense that can discharge contractual duties for events occurring after a contract is formed to learn about impracticability doctrine we examine US vs wedge Ematic corporation a case decided by the Second Circuit in 1966 back in 1956 when computers were still relatively new immense mysterious technologies the Federal Reserve Bank invited companies to submit proposals for an electronic digital computing system it's stressed in its invitations the need for early delivery wedge' Matic Corporation which had recently produced a successful computing system the AL WAC 3e but which nevertheless was a relative newcomer to the industry submitted the winning proposal the Federal Reserve Bank and wedge' Matic agreed to a contract under the

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