What happens if a business runs out of stock and is unable to supply their customers Watch
What happens if a business is unable to supply customers? If a customer gets into an agreement with a supplier and then later finds out that they are out of stock? Will the court consider the 'limited stocks' argument like in Partridgev Crittenden?
Of course on certain facts the contract may be frustrated. If I contract to sell you a first edition of my Contract Law notes when you give me the money next week, and they are destroyed in a fire tomorrow without fault on either of our parts, the contract is frustrated and so I will not commit a breach by not delivering them.