Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12:29 max N -HO X Discussions List - LA... fanshaweonline.ca and Deliveries. > Comment on this section: In addition, in Syndicat des professeurs de l'Etat

image text in transcribedimage text in transcribed
12:29 max N -HO X Discussions List - LA... fanshaweonline.ca and Deliveries. > Comment on this section: In addition, in Syndicat des professeurs de l'Etat du Quebec et Quebec (Ministere des Relations avec les citoyens et de l'Immigration), (Elizabeth Olivier)(19), the arbitration tribunal concluded that a debtor cannot invoke as force majeure the cancellation of another contract by a business partner in order to reduce its own obligations to its creditor when cancellations of this sort occur regularly each year. Such cancellations, while unplanned, do not constitute an unforeseeable event. This judgment therefore suggests that a contractual cancellation by the partner of a debtor that prevents him from performing his obligation to his creditor and that is not normally foreseeable could constitute an event of force majeure. What do you think about this development as part of the common law? What do theby a business partner in order to reduce its own obligations to its creditor when cancellations of this sort occur regularly each year. Such cancellations, while unplanned, do not constitute an unforeseeable event. This judgment therefore suggests that a contractual cancellation by the partner of a debtor that prevents him from performing his obliga tion to his creditor and that is not normally foreseeable could constitute an event of force majeure. What do you think about this development as part of the common law? What do the impact(s) could be? Answer in no more than 250 words, before 10pm on the last day of the Module. Include properly formatted references. BE SURE TO COMMENT ON A COLLEAGUE'S POST. You must start a thread before you can read and reply to other threads

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Probability For Statisticians

Authors: Galen R. Shorack

2nd Edition

331952206X, 9783319522067

More Books

Students also viewed these Law questions

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago