Commercial sanctions – Temporary suspension of contract performance
When you realize that the other party is violating the contract, do you have the right to temporarily suspend performance ...
Tag: Contract law
5 things to note when drafting contracts
A contract that is drafted logically and closely with clear content will help ensure practical implementation and easily resolve conflicts ...
Commercial contracts – Note when applying fines for violations
Penalty for breach of contract is a remedy for violations. However, in order to apply the penalty, the contract must ...
Interest on late payment – Must invoice and pay VAT?
The enterprise has the right to demand payment of interest on late payment if the obligor fails to pay the ...
Businesses shake hands to divide the market?
Enterprises are not allowed to agree on the division of customers to limit competition, except in the case of jointly ...
Property lease commercial contract – The penalty for unilateral termination before the deadline?
The unilateral termination of a commercial contract ahead of time may be subject to sanctions for damages, fines for violations ...
How to draft force majeure clauses in commercial contracts?
The impact of the Covid-19 pandemic has given rise to many disputes related to commercial contracts due to one party's ...
Types of sanctions in business – commerce
The parties in the contract must respect and comply with the contract. If either party breaches the contract, certain sanctions ...
Conditions for the contract to take effect?
The contract is the basis for giving rise to, changing or terminating the rights and obligations of the parties. The ...
