SUSPENSION OF CONTRACT AND ITS IMPACT ON CONTRACT OBLIGATIONS

Main Article Content

ASEEL MAHMOUD AL-RASHDAN

Abstract

This purpose of this research is to examine the impact of suspending the execution of a contract on obligations in bilateral contracts. Suspension is a legal means based on judicial and practical applications and insurance custom. The importance of this research is clear given the changing economic conditions of the world today, and their consequences based on traditional solutions of termination and annulment of contracts. These are at odds with the contract suspension system that helps to overcome any difficulties or obstacles out of the control of the contracting parties that prevent its execution and to continue its existence with the aim of preserving the contractual bond and preventing it from disappearing for a certain period of time. Once the difficulties have ended the contract shall come back into force with the same terms and conditions that were agreed upon in advance. Due to the failure of Jordanian law to address this topic, we have tried through this research to show what the system of suspending the execution of a contract is and its impact on the obligations of contractors during the suspension period and after the resumption of the execution of the contract.

Article Details

Section
Corporate / Business Law
Author Biography

ASEEL MAHMOUD AL-RASHDAN

Aseel Mahmoud Al-Rashdan

Assistant Professor – Private Law Department

Faculty of Law – Jerash University – Jordan

References

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East Laws www.eastlaws.com