In commercial contracts, the parties involved often apply sanctions to ensure the implementation of contractual obligations and ensure the legitimate rights and interests of the aggrieved party in case of a breach by the other party. In this article, TNTP’s...
Buying a house is an important decision and is often considered one of the biggest investments of a lifetime. However, the real estate market is not always stable and transparent. Purchasing a house through a capital contribution contract is a common but rather risky...
Principle contracts are one of the types of contracts that are quite popular today in commercial transactions. In the process of establishing a transaction, the parties to the transaction will base on their needs and ability to enter an appropriate type of Contract....
The drafter must not only fully represent the desires of the parties but also anticipate the practical execution of the contract. Then, the drafter will have grounds to review any potential risks to minimize these risks and maximize benefits for the client. In the...
A contract is an agreement between parties to establish, modify, or terminate civil rights and obligations. Contracts include various forms, such as purchase and sale agreements, loan agreements, cooperation agreements, service contracts, and franchise agreements. The...
During the performance of the contract, the parties may not be able to dutifully fulfill their obligations due to reasons beyond the control of the parties. Therefore, liability exemption is considered a necessary matter for contract law. Accordingly, the parties do...
