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seriously engage to approximate the legislation with well known international standards by applying international contract … internationally recognised. Alternative possibilities of entrance in trade, guaranteed by contract law of every country and which …
Persistent link: https://www.econbiz.de/10008633349
A contract is a legally binding exchange of promises or agreement between parties that the law will enforce. Contract … law is based on the Latin phrase pacta sunt servanda (literally, promises must be kept) [1]. Breach of a contract is … text book, or a coffee at a shop. Contract law can be classified, as is habitual in civil law systems, as part of a general …
Persistent link: https://www.econbiz.de/10005621351
This study investigates contracting mechanisms in situations of opportunistic disputes between organizations. The authors specifically explore the relationships between the formal versus informal nature of opportunism and the formal versus informal nature of contractual governance. They use a...
Persistent link: https://www.econbiz.de/10011258800
In the literature we find unanimous consensus on the analysis of bilateral accident models. In bilateral accident models, indeed, it is usually held that both with the negligence rule and with strict liability with contributory negligence, the residual bearer adopts an efficient level of...
Persistent link: https://www.econbiz.de/10011259828
This paper examines the positions of Coase and Pigou in regard to the problem of external effects (externalities). Assessing their two most important works, it appears that Coase has a more relevant preference for an evaluation of total efficiency, while Pigou, with some exceptions, is convinced...
Persistent link: https://www.econbiz.de/10011260441
Ten years ago, sovereign bond markets almost universally adopted so-called collective action clauses after years of public sector pressure for more efficient procedures to cope with sovereign default and restructuring. A second policy initiative, the standard appointment of a trustee to...
Persistent link: https://www.econbiz.de/10011260663
contract, which are payment upon certification, direct payment from the employer, and contingent or conditional payment …
Persistent link: https://www.econbiz.de/10009322894
issues relating to payment default in law cases and standard forms of contract. By downloading from the Malayan Law Journal … current structure of payment mechanisms in the standard forms of contract, which are payment upon certification, direct …
Persistent link: https://www.econbiz.de/10009325585
performance bond in a construction contract is a conditional or an unconditional guarantees is still one of the issues relating to … Performance Bond in a construction contract that determine whether the performance bond is a conditional or unconditional on … contending that there has been breach of contract. …
Persistent link: https://www.econbiz.de/10009325598
construction contract or statutes in the other developed countries as well as the proposed Act needs to be done. However, as long … the standard forms of contract, which are payment upon certification, direct payment from the employer, and contingent or …
Persistent link: https://www.econbiz.de/10009325608