GLOSSARY TERM  
  Frustration  
 
  DESCRIPTION  
  An unforeseen uncontrollable event (with no party at fault) which renders the parties under the Contract incapable of performing their obligations. Frustration occurs where the Contract is rendered pointless, is illegal or the foundation of the Contract no longer exist, in such circumstances, the frustrated party is entitled to rescind the Contract without being liable for or to any damages.