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Comparison of Contract Law of the People's Republic of China with The...

Contract Law Force Majeure In Montgomery

Category:

Contracts - Contract Law

State:

Multi-State

County:

Montgomery

Control #:

US-00103BG

Format:

Instant download

Description

A comparison the United States law of contracts with the law of contracts of the People's Republic of China.

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A force majeure clause can excuse one or both parties from fulfilling a contract's terms when an unforeseeable event occurs. In New York, the enforceability of a force majeure clause will depend on its precise wording and express terms.In construction contracts, a force majeure clause is one which can relieve a party of its obligations following a force majeure event. This inevitably resulted in many attorneys, who may have only dealt with the concepts of Force. It applies where a supervening event fundamentally changes the nature of a contract and makes one party's performance worthless to the other. A force majeure clause is based on the parties' agreement.

Contract Law Force Majeure In Montgomery

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