Force Majeure: A Legal Clause for Unforeseeable Events
What is Force Majeure?
Force majeure is a legal term that refers to a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected performance of the contract.
Common Types of Force Majeure Events
Force majeure events are typically events that are beyond the reasonable control of the parties to the contract, such as:
- Natural disasters (e.g., earthquakes, hurricanes)
- Acts of war or terrorism
- Government actions or regulations
- Strikes or labor disputes
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