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  • Read & Answer The Following Questions: Chapter 4: Legal Frame Work

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    Phạm Thảo Linh
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    The document discusses key aspects of legal frameworks for contracts including: 1) The main differences between Continental and Anglo-American contract law which include the degree of codification and reliance on precedents. 2) Continental law is fully codified while Anglo-American law relies on cases and precedents. 3) Principles of an enforceable contract include meeting of the minds, parties entering the contract voluntarily, and the purpose being legal. 4) Topics covered include discharge by performance, termination, cancellation, rescission, and ways to solve disputes such as arbitration.

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    The document discusses key aspects of legal frameworks for contracts including: 1) The main differences between Continental and Anglo-American contract law which include the degree of codification and reliance on precedents. 2) Continental law is fully codified while Anglo-American law relies on cases and precedents. 3) Principles of an enforceable contract include meeting of the minds, parties entering the contract voluntarily, and the purpose being legal. 4) Topics covered include discharge by performance, termination, cancellation, rescission, and ways to solve disputes such as arbitration.

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    11 views2 pages

    Read & Answer The Following Questions: Chapter 4: Legal Frame Work

    Uploaded by

    Phạm Thảo Linh
    The document discusses key aspects of legal frameworks for contracts including: 1) The main differences between Continental and Anglo-American contract law which include the degree of codification and reliance on precedents. 2) Continental law is fully codified while Anglo-American law relies on cases and precedents. 3) Principles of an enforceable contract include meeting of the minds, parties entering the contract voluntarily, and the purpose being legal. 4) Topics covered include discharge by performance, termination, cancellation, rescission, and ways to solve disputes such as arbitration.

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    © All Rights Reserved
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    CHAPTER 4: LEGAL FRAME WORK

    READ & ANSWER THE FOLLOWING QUESTIONS

    1. What are the main differences between Anglo-American Law &Continental Law?
    The main difference between Continental and Anglo-American
    contract law is the degree of codification: Continental Law is fully
    codified while Anglo-American law relies on cases and precedents.

    2. Give the main characteristics of Continental Law?


    3 main characteristics:
    3. Give the main characteristics of Anglo-American Law?
    4 main characteristics
    4. What does the applicable law govern?

    5. What are the principles of an enforceable contract?

    3 cases:
    - meeting of mind
    - party of the contract are contering the
    - purpose of contract is legal

    6. What is The Whereas Recital? Why is it necessary?

    Whereas: xét rằng bên A, bên B có khả năng cung cấp

    7. What is discharge by performance?

    discharge by performance: both parties of the contract perform the duty

    8. What is termination? Name the two types of termination

    Convenience

    Default

    9. What is Cancelation?

    10. What is Rescission?

    1
    11. What are the ways to solve disputes?

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    12. What are the advantages of using a panel of arbitrators?
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    13. What may create no-contract situations?

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    14. How does a contract come about? (một hợp đồng được ra đời như thế nào)

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    15. When a contract does not specify an applicable law, what can decide the law to apply?

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    16. When is a contract unenforceable?

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    17. What does the arbitration clause specify?

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    18. Why do parties agree on a definite language contract?

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