10.10.2020.
Professional paper
FORCE MAJEURE AND CHANGE OF CIRCUMSTANCES IN INTERNATIONAL TRADE – CONDITIONS FOR EXEMPTION FROM LIABILITY IN CASE OF BREACH OF CONTRACT
The rapid technological development and the development of the global market continually contribute to the development of international trade as well as to the increasing the number of concluded international sales contracts. The conclusion of the sales contract always requires respecting the principle of "pacta sunt servanda", namely fulfill...
By Aleksandra Kiraca, Azemina Mashovich