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  3. p entered into a 10-year lease of a warehouse. the

P entered into a 10-year lease of a warehouse. Thereafter, the local authority closed the...

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Accounting

P entered into a 10-year lease of a warehouse. Thereafter, the local authority closed the only street access to the warehouse because of a dangerous building. The street was to be re-opened after the dangerous building was demolished. Discuss whether P could refuse to pay rent and have the contract set aside based on frustration. (20marks)

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