Force Majeure

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instance_of gptkb:legal_case
gptkbp:affects Insurance claims
gptkbp:can_be Contested in court
Included in force majeure clauses
Negotiated between parties
gptkbp:can_include gptkb:Hurricanes
gptkb:Floods
Earthquakes
Fires
Supply chain disruptions
Acts of God
Epidemics
Government actions
Labor disputes
gptkbp:can_lead_to Contract termination
Disputes between parties
Suspension of obligations
gptkbp:consequences Excuses performance under a contract.
gptkbp:defines An unforeseen event that prevents someone from fulfilling a contract.
gptkbp:example gptkb:terrorism
gptkb:war
Natural disasters
Strikes
Pandemics
gptkbp:has_variations gptkb:local_government
https://www.w3.org/2000/01/rdf-schema#label Force Majeure
gptkbp:impact gptkb:business
gptkbp:is A guarantee against losses
A legal excuse for negligence
gptkbp:is_common_in Contracts
Construction contracts
International contracts
Event contracts
gptkbp:is_considered Force majeure insurance
gptkbp:is_essential_for Risk management
Business continuity planning
Contract drafting
gptkbp:is_evaluated_by Legal professionals
Insurance adjusters
Risk assessors
Contract managers
gptkbp:is_often_compared_to Misunderstood
gptkbp:is_often_described_as Contract clauses
gptkbp:is_subject_to Interpretation by courts
gptkbp:often_includes Leases
Employment contracts
Service agreements
Sales contracts
Real estate contracts
gptkbp:related_to Frustration of purpose
Impossibility of performance
gptkbp:requires Notification to other party
Proof of event
gptkbp:bfsParent gptkb:award
gptkbp:bfsLayer 3