Academic Journal
Gap filling to address changed circumstances in contract law – when it comes to losses and gains sharing is the fair solution
| العنوان: | Gap filling to address changed circumstances in contract law – when it comes to losses and gains sharing is the fair solution |
|---|---|
| المؤلفون: | Hutchison, Andrew |
| المصدر: | Stellenbosch Law Review ; http://juta.co.za/products/8245-stellenbosch-law-review-2000-to-date-online |
| بيانات النشر: | Juta University of Cape Town Faculty of Law Department of Commercial Law |
| سنة النشر: | 2010 |
| المجموعة: | University of Cape Town: OpenUCT |
| مصطلحات موضوعية: | Law, Contract, Hardship, Unidroit PICC, South Africa |
| جغرافية الموضوع: | 414-428 |
| الوصف: | South African law does not make provision for the impact of fundamentally changed circumstances on a contract if the change does not result in objective impossibility. This is out of synch with most other leading legal systems around the world, as well as with the foremost bodies of supranational contract law rules, such as the Unidroit Principles. When a situation of hardship arises, this creates a gap in a contract, which the parties didn’t foresee and which the law should fill. Ideally resultant losses and gains should be equitably split between the parties. The development of notions of fairness in contracting has reached a point where public policy could require that a situation of changed circumstances be addressed, to achieve a fair result inter partes. This normative principle should underlie the adoption of new rules to deal with hardship in South Africa, which could be based on best international practice as gleaned from comparative study. |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://hdl.handle.net/11427/21579; https://open.uct.ac.za/bitstream/11427/21579/1/Hutchison_2010.pdf |
| الاتاحة: | http://hdl.handle.net/11427/21579 https://open.uct.ac.za/bitstream/11427/21579/1/Hutchison_2010.pdf |
| رقم الانضمام: | edsbas.33AF037C |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |