THE COLLAPSE OF THE CONTRACTUAL BALANCE BY "CORONA PANDEMIC" THE SUPPLY CONTRACT AS A MODEL | ||
Journal of college of Law for Legal and Political Sciences | ||
Article 10, Volume 9, Issue المؤتمر الافتراضی الاول / الجزء الثانی, January 2020, Pages 133-149 PDF (599.12 K) | ||
Author | ||
Hatem g.saeed | ||
Abstract | ||
Emergency accidents lead to a breakdown of contractual balances, since contracts at their conclusion achieve a kind of balance in a way that equals obligations between the contracting parties, so if an unexpected accident occurs, it leads to a breakdown of the contractual balance and makes one of the parties implement its commitment exhausting and impossible, and when the World Health Organization announced a virus Corona (Covid 19) As an international cross-border pandemic, states have taken force majeure, which is legally an out-of-control contracting party with a direct negative impact on the implementation of contractual obligations, including the commercial supply contract, and countries have resorted to a Legal mechanisms and ways to address the obligations opposite. | ||
Keywords | ||
Collapse; contract; balance; emergency; supply; covide 19 | ||
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