Force majeure is a French term that literally means "greater force." It is related to the concept of an act of God, an event for which no party can be held accountable, such as a hurricane or a tornado.
What is a force majeure clause example?
Neither Party shall be held liable or responsible for failure or delay in fulfilling or performing any of its obligations under this Agreement in case such failure or delay is due to any condition beyond the reasonable control of the affected Party including, but not limited to, acts of God, strikes, war, riot,
What are the types of force majeure?
Force majeure events generally can be divided into two basic groups: natural events and political events. These may include earthquakes, floods, fire, plague, Acts of God (as defined in the contract or in applicable law) and other natural disasters.8 Jun 2021
Who is liable for act of God?
Acts of God are circumstances and events that are outside of anyone's control and that cannot be foreseen or guarded against. Acts of God may provide a defence or an exception to civil liability for example, where a person is unable to perform their obligations under a contract because of the act of God.
What determines an act of God?
An Act of God is an accident or event resulting from natural causes without human intervention, and one that could not have been prevented by reasonable foresight or care. Fire can also be an Act of God if it starts from lightning strikes.
Can you sue for Act of God?
Common Acts of God An act of God is a legal term describing events outside human control, such as floods or other natural disasters, for which no one can be held accountable for themself. While the destruction and inconvenience that occurs often puts people out financially, you may not sue for an act of God.