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Unfair terms law as an area of consumer contract law becomes more and more important and, within the European context …
Persistent link: https://www.econbiz.de/10012861617
The defendant's breach of contract may lead the claimant to compromise a claim by, or against, a third party. Biggin …
Persistent link: https://www.econbiz.de/10013056072
Contract Theory and Economics of Contract Law” is a chapter of the book “Economic Methods for Lawyers”, which is …, understanding and case preparation.This chapter introduces the concepts of contract theory and applies them to various legal …
Persistent link: https://www.econbiz.de/10013016158
The term “liberty of contract” is usually associated with the doctrine that the due process clause of the United States … free-market advocates embrace the liberty of contract doctrine because they are averse to State interference with private … market transactions. But the term is ironic because a contract is only legally binding if courts will enforce it. Since …
Persistent link: https://www.econbiz.de/10012982495
Promises by one party “to indemnify” or “to save harmless” another party take many different forms and appear in many different kinds of contracts. It is clear, however, that not all indemnities possess identical characteristics. So what, then, is the essential characteristic of a...
Persistent link: https://www.econbiz.de/10014179203
participants.The control of private regulatory power can protect freedom of contract and the space of choices by individual parties … combination comparing contract laws and unfair trade practice laws, leaving competition law outside the picture.We have suggested … that current domestic and transnational contract laws present significant shortcomings and that unfair trade practice …
Persistent link: https://www.econbiz.de/10013295422
A smart contract is an agreement enforced by blockchain technology. It supposedly allows the parties involved to … conduct transactions more efficiently than a traditional contract, which is based on legal (costly) enforcement. This chapter …
Persistent link: https://www.econbiz.de/10014353783
Infrastructure deficit has been a long standing bottleneck for attaining sustainable and much higher economic growth to align Nepal among the advanced countries. Nepal has a challenge of making huge investment in infrastructure to increase the annual economic growth for graduation to the status...
Persistent link: https://www.econbiz.de/10012841118
The article describes how the clarity of a contract not only requires clear and easy-to-understand wording, but also … clear organization. This can be achieved by grouping of the pertinent material within a contract, but also by way of visual …
Persistent link: https://www.econbiz.de/10014146780
reliance on Article 4 CISG, and (2) the use of dogmatic categories of domestic law such as "contract" and "tort". Both are …
Persistent link: https://www.econbiz.de/10013085388