Economic Balance of The Contract

المؤلفون

  • Ammar Kareim AL-BSHERAWY Faculty of Law, University of Kufa, Najaf, Iraq. E-mail: ammark.albsherawi@uokufa.edu.iq

DOI:

https://doi.org/10.55202/ajlpp.v1i2.68

الكلمات المفتاحية:

economic balance, contract, Iraqi trade code

الملخص

Legal principles play a critical role in the contract's economic balance and the financial cost's stability by respecting the contractors' well as the basis of the contract's binding force, which is essential for the economic balance of the agreement and strength of the economic cost. Nonetheless, this will stand in the way of the involvement of the legislator and the judiciary in the economic imbalance of the contract, which would otherwise interfere in favor of the weak party under the principles of fairness required by the warranty. Moreover, if the economic equilibrium is out of balance, it affects whether or not the contract is carried out. Therefore, the attainment of justice demands compliance with economic balance and compliance with the contractual legal balance under this principle.

التنزيلات

منشور

2022-01-02

كيفية الاقتباس

AL-BSHERAWY, A. K. . (2022). Economic Balance of The Contract. Akkad Journal Of Law And Public Policy, 1(2), 73–91. https://doi.org/10.55202/ajlpp.v1i2.68

إصدار

القسم

Articles

الأعمال الأكثر قراءة لنفس المؤلف/المؤلفين