impossibility

  

Definition

Situation where a duty cannot be performed because it is contrary to the laws of nature or to a legal rule, or where an uncontrollable event occurs that negates or calls into question the very basis of a contract or transaction. See also impracticability.

Related Videos




http://www.businessdictionary.com/definition/impossibility.html

Mentioned in these terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z