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contract performance

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 240 U.S. 156 - Carnegie Steel Company v. United States · 1916Most cited · 126 citing opinions

If what is agreed to be done is possible and lawful, it must be done. Difficulty or improbability of accomplishing the undertaking will not avail the defendant. It must be shown that the thing cannot by any means be affected. Nothing short of this will excuse nonperformance. Ability to perform a contract is of its very essence.