The principles Govering Remedies for Breach of Contract According to Expectation Interest In The Modern European law and Iranian law

Authors

Abstract:

Freedom of choosing an efficient remedy after the breach of contract, Cumulation of homogeneous remedies and the right to change the selected remedy in modern European contract law have been accepted via the approach of support of the injured party`s expectation interest‌‌‌. The consideration of these principles indicates that the remedies for breach of contract are not concerned in itself and the desirable security of the parties is of utmost importance. Although acceptance of these principles in Iranian law accompanys some limitations, especially regarding the freedom of choosing the remedy of termination and seeking recovery prior to obliging to fulfill the exact obligation, but the importance of quickly determining the fate of transactions, decreasing the damages and the volume of claims and actions, necessitate to look at the remedies for breach of obligations as away or a means, and that the injured party could select the proper remedy according to the amount of desirability of contract and according to the circumstances surrounding it, and could decrease the negative effects of non efficient remedy, undertaking of the injured party to confront the damages emphasizes on this point, so in present article, as a result of analyzing the efficiency of the Expectation Interest Theory and its efficacy of economic complexities of some if the statutory remedies, it is to be dealt with the necessity of consideration and acceptance of the well-known and identified principles at modern European law in Iranian law including the principle of Equivalence of the Remedies, so as be attained the highest amount of efficiency

Upgrade to premium to download articles

Sign up to access the full text

Already have an account?login

similar resources

the role of russia in transmission of energy from central asia and caucuses to european union

پس ازفروپاشی شوروی،رشد منابع نفت و گاز، آسیای میانه و قفقاز را در یک بازی ژئوپلتیکی انرژی قرار داده است. با در نظر گرفتن این منابع هیدروکربنی، این منطقه به یک میدانجنگ و رقابت تجاری برای بازی های ژئوپلتیکی قدرت های بزرگ جهانی تبدیل شده است. روسیه منطقه را به عنوان حیات خلوت خود تلقی نموده و علاقمند به حفظ حضورش می باشد تا همانند گذشته گاز طبیعی را به وسیله خط لوله مرکزی دریافت و به عنوان یک واس...

15 صفحه اول

entire contract clause under english and iranian laws, the principles of european contract law and unidroit

a contractual relationship is commonly based on statements, expectations, acts and omissions out of which some will, and others will not, give rise to contractual obligations. to avoid uncertainty as to what is agreed, the contract parties often enter into a written contract that is supposed to express the final agreement between them and prevent the parties from relying on rights and obligatio...

full text

Contract for the formation of a bank account in Iranian law and comparative

 Abstract: By creating a bank account agreement, an account is opened under the name of the applicant in the name of the bank. In accordance with the provisions of this agreement and the intention of the parties to the contract, the bank undertakes to accept all the funds the account holder or third parties intend to deposit into this account with the account holder, and, accordingly, the acco...

full text

the evaluation and comparison of two esp textbooks available on the iranian market for teaching english to the students of medicine

abstract this study evaluated and compared medical terminology and english for the students of medicine (ii) as two representatives of the textbooks available on the iranian market for teaching english to the students of medicine. this research was performed on the basis of a teacher’s and a number of students’ attitudes and the students’ needs analysis for two reasons: first, to investigate...

15 صفحه اول

the theory of efficient breach in contract law

the theory of efficient breach states that it is socially useful to breach a contract whenever the breach would leave no party worse off, while leaving at least one party better off. in other words, economic analyses of breach are mainly concerned with situations in which breach is pareto-superior, rather than just overall profit-maximizing. in contrast with moral theories that hold that breach...

full text

Remedies for Breach of Contract: Expectation, Reliance, Restitution, Disgorgement, and Restoration of the Contractual Equivalence

II. Legal Doctrines A. Restoration of the Equivalence Broken by Partial or Defective Performance 1. Damages for Vendor’s Breach in Land Sales and Price Abatement Ancillary to Specific Performance 2. Rent Abatement for Breach of Warranty of Habitability and other Obligations 3. Price Reduction under the CISG 4. Monetary Restitution for Non-Monetary Performance in Divisible Contracts B. Restorati...

full text

My Resources

Save resource for easier access later

Save to my library Already added to my library

{@ msg_add @}


Journal title

volume 24  issue None

pages  97- 120

publication date 2019-05

By following a journal you will be notified via email when a new issue of this journal is published.

Keywords

No Keywords

Hosted on Doprax cloud platform doprax.com

copyright © 2015-2023