Law of Obligations

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Defective Performance of the Contract and the Warranty of the Supplier in Commercial Sales Contract 10 April 2012

One of the most significant problems confronted by the parties of a commercial transaction is the defective performance of the contract. Although in most of the contracts, the consequences of the defective performance are regulated in detail, some contracts do not include any provision regarding the same or such provision appears to be not sufficient to solve the dispute arising out of defective performance of the contract. At this point, the parties to such contract shall refer to the Code of Obligations in order to be able to handle the situation and determine their rights and obligations regarding such defective performance.

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