Barnett's Ford

Barnett's Ford refers to a legal principle established in a 1952 court case, which states that in certain circumstances, a contractual obligation to buy or sell goods may be satisfied by delivering either the specified goods or an equivalent alternative. Essentially, if the original goods are unavailable, providing a comparable substitute can fulfill the contractual requirement. This principle promotes flexibility in commercial transactions, ensuring that parties can meet their obligations without strict adherence to the exact items initially agreed upon, as long as the substitute is reasonably equivalent and acceptable.