Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective

Download or Read online Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective full in PDF, ePub and kindle. This book written by Peng Guo and published by Springer Nature which was released on 09 November 2021 with total pages 184. We cannot guarantee that Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective book is available in the library, click Get Book button to download or read online books. Join over 650.000 happy Readers and READ as many books as you like.

Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective
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Publisher : Springer Nature
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ISBN : 9789811655135
Pages : 184 pages
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Download or Read Online Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective in PDF, Epub and Kindle

This book provides fair and acceptable solutions to hardship issues in long-term relational supply contracts. This book uses an approach to strike a balance between the traditional approach underlying classical contract law which emphasises the almost absolute prevalence of the principle of pacta sunt servanda and a flexible approach that is based on the principle of clausula rebus sic stantibus. This book argues for an emerging principle of pacta sunt servanda bona fide on the basis of the relational contract theory. Additionally, this book demonstrates how good faith can serve as a foundation for imposing a duty to renegotiate on the parties. The aim of this book is rather to propose how relational contract theory can be applied to the analysis of specific legal rules in general. Lastly, this boos highlights how the duty to renegotiate and the power to adapt a contract can be further developed upon the occurrence of hardship, based on good faith and the relational nature and characteristics of a long-term relational supply contract. This book explores and enriches the existing research on relational contract theory concentrates primarily on its application in domestic contract laws, particularly in the regulation of long-term contracts in American contract law. As an outcome this book provides a more feasible and satisfactory approach for courts or arbitral tribunals to undertake when facing hardship issues in international contract disputes. Overall, hardship themes, long-term relational supply contracts and good faith are examined extensively.

Good Faith in Long Term Relational Supply Contracts in the Context of Hardship from A Comparative Perspective

This book provides fair and acceptable solutions to hardship issues in long-term relational supply contracts. This book uses an approach to strike a balance between the traditional approach underlying classical contract law which emphasises the almost absolute prevalence of the principle of pacta sunt servanda and a flexible approach that

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