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You bet! Parties can negotiate the terms of force majeure as long as everyone is on the same page. It's all about what works best for both sides.
If a force majeure event occurs, it usually means you're off the hook for liabilities related to not fulfilling the contract, but be sure to check the specific terms in your agreement.
Look for clear language that lists the specific events considered force majeure, as well as what the affected party must do, like notify the other party. It helps avoid confusion later on.
It's a smart move to include a force majeure clause in contracts. It prepares everyone for the unexpected and spells out what happens if the unexpected hits.
Absolutely! A pandemic can throw a wrench in the works and is often recognized as a force majeure event, letting parties off the hook if they can't meet their contract obligations.
Under the UCC, 'force majeure' refers to events outside of anyone's control that prevent a party from carrying out their part of the deal, like acts of God or government actions.
A force majeure provision is like a safety net in a contract. It protects parties from not fulfilling their obligations when things go sideways, like natural disasters or other unexpected hurdles.
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Seattle Washington Force Majeure Provisions - The UCC Model