Lack of financial ability, if proven, will establish frustration.

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Charles Mputu · Accepted Answer

Final Answer : False, Explanation :  Lack of financial ability does not typically constitute a legal basis for the doctrine of frustration. Frustration applies when an unforeseen event fundamentally changes the nature of a contractual obligation, making it impossible to perform, not merely more difficult or expensive.

Lack of financial ability, if proven, will establish frustration.

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