TexOil has responded to Epsilon’s lawsuit by claiming it is commercially impracticable for it to pay Epsilon to take jet fuel. You are the judge in the case. Should TexOil be excused from supplying Epsilon’s fuel due to commercial impracticability? Briefly explain.
Answer both questions thoroughly using legal business law concepts about contracts. There are clearly 2 questions answer them separately. For decades, Epsilon Airlines has had a series of contracts with Texas Oil Corp. (TexOil) for TexOil to supply all of the jet fuel required by Epsilon’s airplanes. The contract specifies that the price Epsilon is […]