CONCEPTS OF REGULATING CHANGING CIRCUMSTANCES IN FOREIGN TRADE TRANSACTIONS |
5 | |
2014 |
scientific article | 341.9 | ||
96-101 | changes in circumstances, error in concluding a deal, «theory of presumption», doctrine of «futility of contract», concept of «force majeure», concept of «difficulties», clauses of a foreign trade contract due to changed circumstances. |
We examine legal relations arising in connection with the implementation of foreign trade contracts in the conditions of adverse changes in circumstances. An analysis is presented of the forms and the economic consequences of changes in circumstances, as well as means of contractual regulation that minimize the damage caused to the parties of contracts by the changes in circumstances. |
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