Frustration of a contract is when an event occurs after the formation of a contract that renders performance radically different from the original agreement. In such a case the contract will be said to be discharged by frustration, and the parties are released from further obligations under the contract.
b) Not have been caused by either parties’ actions (self-induced);
- Cause a fundamental change to parties’ rights and obligations. (the event would cause the parties to perform ‘radically different’ obligations)