From the case we can argue that the transatlantic

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likelihood of its occurrence was not allocated explicitly between the involved parties. From the case, we can argue that the transatlantic corporation was in a position to purchase insurance to cover for the unexpected occurrence. Notably, the risk that the corporation bears do not appear to be allocated in the contract to either party since there was no specific route for the transportation services (Cooter and Thomas 283). Accordingly, the additional expenses resulted in increased commercial cost but no other risks to the ship, goods, or crew; thus, the cost alone can constitute to impossibility, but the additional expense is not essential. Conclusion In the case brief between Transatlantic Financing Corp. v. The United States , judgment was affirmed by the court for the defendant since the plaintiff was endorsed to the contract fee for the transportation of the cargo from Texas to Iran through Suez Canal, which they termed to be the conventional path. Promptly, such decision was made because the enactment of the deal was not concluded to be legally unmanageable by the closing of the seaway. Notably, there is no proof that the risk was allocated in the surrounding circumstances or agreements. Taking the route through the Cape of Good Hope is noted to be an alternative route; thus, the implied expectation that the way would be through Suez Canal only is not a satisfactory substantiation of an allocation to the defendant of the possibility of closure. Nevertheless, the parties involved were aware of the conflicts and crisis in the area and that there was the possibility of the canal to be
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Surname 5 closed. Therefore, based on the above arguments, I concur with the court’s ruling because the plaintiff never stated their cause of action upon which they can be granted relieve.
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Surname 6 Works Cited Cooter, Robert, and Ulen, Thomas. " Law and Economics ." 2016. pp. 283-289. Berkeley: Berkeley Law Books. Transatlantic Financing Corp. v. United States US CoA DC (1966)
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  • Spring '16
  • Law, U.S. state

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