In international sales of goods contracts, commercial practices play an important role in regulating and supporting international goods sales transactions to be performed properly. In this article, TNTP will present which practices and customs are commonly used in...
The 2015 Civil Code stipulates fidelity guarantees as a measure to ensure the performance of obligations. The direct purpose of fidelity guarantees is to help individuals and poor households gain access to credit sources for production, business, and consumption...
Security collateral is a measure to ensure the fulfilment of obligations to return leased property, which is a movable property in a property lease contract. Additionally, security collateral aims to ensure the fulfilment of payment obligations and the obligation to...
A deposit contract is a form of agreement aimed at binding parties in various civil transactions. In practice, parties may use deposits to secure the signing of a land use rights transfer contract, a sale and purchase agreement, a lease agreement, and more. In this...
Compensation for Damages (CFD) resulting from a contractual breach is a crucial legal measure that plays a compensatory role for the damaged party (the entitled party) in the aftermath of a breach of contract. To apply the compensation for damages appropriately,...
The 2015 Civil Code stipulates that Lien on property is a measure to ensure the fulfillment of obligations. Lien on property is a legal mechanism to protect the party entitled to payment in contracts where both parties have obligations. In this article, TNTP will...