What is the likely result

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Reference no: EM133654361

Problem: ABC and XYZ have had a business relationship for the past 10 years and always used the Panama Canal for the transfer of their goods via ship. As the canal is located in a hurricane area, the parties are thrilled that there has never been a hurricane that has interrupted their prior dealings. This year, the canal is closed due to a hurricane. It will cost XYZ too much to use an alternate route so they refuse to perform and claim commercial impracticability as a defense. If ABC sues XYZ for failing to perform what is the likely result?

Reference no: EM133654361

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