CHƯƠNG 7 CHẾ TÀI HỢP ĐỒNG

Luật Hợp đồng là một phần quan trọng của pháp luật dân sự và thương mại, quy định về quá trình tạo ra và thực hiện các hợp đồng giữa các bên. Mục tiêu chính của Luật Hợp đồng là xác định và bảo vệ quyền và nghĩa vụ của các bên trong quá trình ký kết và thực hiện hợp đồng.

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!Chapter 7 Remedies in contractsTAN P.P NGUYENUNIVERSITY OF ECONOMIC AND LAW1 Remedies in contracts! Specific performance ! Penalty for breach

! Compensation/Paying damages for loss

! Temporary cessation of performance of contract

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1.1 Specific performance

! Specific performance of contract means the aggrieved party requests

the defaulting party to implement properly the contract or to take other measures to cause the contract to be performed, and the defaulting party shall bear any costs incurred (Art 297 L.o.C 2005)

! Unless otherwise agreed, during the period of application of the

remedy of specific performance, the aggrieved party has the right to claim damages for loss and penalty for breach but it shall not be permitted to apply other types of remedies (Art 299 L.o.C 2005)

! If the defaulting party fails to perform the remedy of specific

performance of the contract within the time-limit fixed by the aggrieved party, the aggrieved party shall be permitted to apply other remedies in order to protect its legitimate rights (Art 299 L.o.C 2005)

1.2 Penalty for breach

Art 418 C.C 2015; Art 300, 301 L.o.C 2005

!Agreements on penalty for violations are reached by

the parties to a contract which requires the violating party to pay a fine to the aggrieved party

!Purposes of Penalty for breach: Prevention,

punishment.

!Level of penalty: 8% (L.o Commerce), 12% (L o

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1.3 Paying damages for loss

Art 419 C.C.2015, Art 302, 303 LoC 2005

!Damages for loss means the defaulting party

pays compensation for the loss caused to the aggrieved party by a breach of the contract.

!Purpose: Compensation

!Not allowed to priory agree the damages!The burden of proof of loss

Relationship between remedy of penalty for breach and remedy of damages

! Art 307 Law on Commerce 2005.! Art 418 Civil Code 2015.

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1.6 Rescission of contract

! Art 312 L.o.C 2005

! Art 423, 424, 425, 426, 427 C.C 2015

2 Limitation period for initiating legal action with respect to contracts

! Art 319 L.o.C 2005: 2 years

! Art 429 C.C 2015: 3 years

! The date on which the party entitled to request knows or should

know that their lawful rights and interests are infringed

Case Law

! Practice in class