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What's a "cas fortuit" or "casus fortuitus" and how does it apply in the corporate world?

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Question added by Ezz Eldin El Nattar , CEO Chief Executive Officer , JASH HOLDING
Date Posted: 2015/06/03
Tapiwa Solani
by Tapiwa Solani , legal intern , Kawonde and Company

Casus Fortuitus the proper translation is an act of God for example drought, flood. it is a term usually used in contractual law where it is inserted as a clause in a contract whereby if an act of God occurs ( casus Fortuitus) the other party is excused from performing his or her obligation

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