the condition is related to future and occurrence or undertaking decline depends upon it. not only that matters which aresigned in the contract are necessary to fulfill,but some matters requires approval by both parties according tonorms, situations and rules. predeterminedconditions are examined deeply in imamiyeh jurisprudence and they have to be discussed to evaluate the contractin advance. ...

A party dissatisfied with the contractual performance of a counterparty is typically able to pursue a variety of legal recourses. Within this apparent variety lurk two fundamental alternatives. The aggrieved party may (i) “affirm” the contract and seek money damages or specific performance; or (ii) “disaffirm” the contract with the remedy of rescission and restitution. This simple dichotomy of ...

The concept of “contract” has similar but not identical interpretations for lawyers and economists. Both Economic and Legal theories distinguish transactions from contracts based on the possibility to rely on court enforcement. Formal and informal promises are enforceable by courts, however there is not a clear distinction between a contract and an agreement since agents do not know a priori th...

In IS outsourcing relationship literature, research has focused on detailed legal contracts and partnerships. We investigate the role of psychological contracts between client and vendor in the IS outsourcing context. The aim of this paper is to put the concept “psychological contract commitment” (PCC) under the spotlight, finding out its mediating effects between legal contracts/partnerships a...

To safeguard fairness for all parties involved and proper procedure, actions within a legal context are heavily constrained. Detailed laws determine when actions are permissible and admissible. However, these restrictions do not prevent participants from acting. In this paper we present a methodology to sup­ port legal reasoning using institutions—systems that specify the normative be­ haviour ...

This paper briefly introduces a recent history of the development of the Chinese contract law. It then analyses various specific contract law issues including formation of the contract, liability for breach of contract and the notion of subrogation. This paper finds that PRC’s contract law presents a hybrid version with key concepts from both Common law tradition and the Civil law tradition. Th...

a unique arrangement of option contract -commitment to sell or buy by one of the parties and create some rights for the other party- has led this arrangement cannot be found similarly in the various contracts mentioned in the civil or sharia law. on the other hand approval of securities market act of the islamic republic of iran has provided legal environment for the design and issuance of opti...