in consideration of the commitment of the agent to the contract,indirect representation is divided in two kind of direct and indirect representation. indirect representative who acts in the name of himself and on behalf of the principal is bound with the contract himself and is commited to transfer(deliver) rights of the contract to the principal,so indirect representation has an important role...

where the debtor fails to perform the contract, he would have contractual liability. (this amount to contractual liability of the debtor) can debtor have the right to ignore contractual liability and invoke for tortuous? right to choose is definitely raised where non-performance of contract amounts to contractual liability as well as tortuous liability. some confirm this right to choose and giv...

contracts sometimes disband to different reasons. one of contracts disbanding causation is resolutory condition. on this base parties stipulate if incident, act or omission arise contract disband. at this face contract disband with acquirement condition on it. in such cases dissolution ground is willing and consequence appears automatically. in truth resolutory condition there is doubt that wit...

We study a contracting model with unforeseen contingencies in which the court is an active player. Ex ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex post, the court observes whether an unforeseen contingency occurred and decides whether to void or uphold the contract. If the contract is voided by the court, the parties can renego...

although electronic contract consists of offer and acceptance, its specific characteristics and the fact that parties to it state their intention in a virtual world i.e. cyber-space, and specially given consumer's need of enough protection in this environment, new rules have been included in laws concerning this kind of contract which seek to make sure that consumer has been well informed ...