MODIFY AND TERMINATE THE CONTRACT IF FINANCIAL IMPOSSIBILITY

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BANAEIOSKOEI MAJID

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Paper Information

Journal: COMPARATIVE LAW REVIEW Year:2013 | Volume:4 | Issue:1 Page(s): 41-61

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Information Journal Paper

Title

MODIFY AND TERMINATE THE CONTRACT IF FINANCIAL IMPOSSIBILITY

Author(s)

BANAEIOSKOEI MAJID | Issue Writer Certificate

Keywords

OBLIGATIONQ2

DELIVERYQ2

IMPOSSIBILITY OF PERFORMANCEQ2

OPTION AND MODIFICATION (ADJUSTMENT)Q2

Abstract

The financial performance impossible of the contract set forth because of the financial inability of one who under take stems from external factors and attributing to the contracting parties is impossible. In the event of financial impossibility the present procedures (based on existing regulation) the possibility of the contract termination, the obligee is in compliance with the conditions, while it seems quite possible to modify the contract should be considered. Impossibility is committed relationship with his or her OBLIGATIONs fulfilled by simply not applicable due to external factors. In this article, we will try to apply the circumstance of the express option to survey to some extent the reasons for the contract adjustment.

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APA: Copy

BANAEIOSKOEI, MAJID. (2013). MODIFY AND TERMINATE THE CONTRACT IF FINANCIAL IMPOSSIBILITY. COMPARATIVE LAW REVIEW, 4(1), 41-61. SID. https://sid.ir/paper/246311/en

Vancouver: Copy

BANAEIOSKOEI MAJID. MODIFY AND TERMINATE THE CONTRACT IF FINANCIAL IMPOSSIBILITY. COMPARATIVE LAW REVIEW[Internet]. 2013;4(1):41-61. Available from: https://sid.ir/paper/246311/en

IEEE: Copy

MAJID BANAEIOSKOEI, “MODIFY AND TERMINATE THE CONTRACT IF FINANCIAL IMPOSSIBILITY,” COMPARATIVE LAW REVIEW, vol. 4, no. 1, pp. 41–61, 2013, [Online]. Available: https://sid.ir/paper/246311/en

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