• 제목/요약/키워드: Trade Contract

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A Comparative Study on Requirements for the Buyer's Right to Withhold Performance for the Seller's Actual Non-Performance under the CISG and the CESL

  • Lee, Byung-Mun;Kim, Dong-Young
    • Journal of Korea Trade
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    • 제24권8호
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    • pp.101-120
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    • 2020
  • Purpose - The buyer's right to withhold performance is a useful and important self-help remedy to protect himself from the seller's breach of contract, and it is also the coercive means to induce the seller to perform his part of contract. However, the buyer's exercise of such a right often exposes himself to the risk of breaching the contract. This is generally due to his ignorance when he is entitled to the right and also uncertainties inherent in the law. Therefore, the purpose of this paper is to examine what the requirements should be fulfilled before the buyer exercises the right for the seller's actual breach of contract. Design/methodology - In order to achieve the purposes of the study, it executes a comparative study of the rules as to the requirements for the buyer's right to withhold performance for the seller's actual non-performance under the CISG and the CESL. It mainly focuses on performance due, the seller's non-performance, the buyer's readiness to perform and the requirement of notice. Findings - The main findings of this comparative study can be summarized as follows: Although the CISG has no expressive provision for the buyer's general right to withhold performance for the seller's actual non-performance, it may be inferred from the general principles the CISG underlies, synallagmatic nature of the contract. In addition, it can be drawn by analogy from relevant provisions of the CISG. On the other hand, the CESL expressively provides that the buyer has a general right to withhold performance where the seller fails to tender performance or perform the contract. Therefore, it seems that the position of CESL is rather easier and more apparent to allow the buyer to withhold performance for the seller's non-performance. Originality/value - Most of the existing studies on the right to withhold performance under the CISG have centered on the right to withhold performance for an anticipatory breach of contract. On the other hand, there have been few prior studies on the right to withhold performance for the actual nonperformance during a contractual period of performance. Therefore, this paper examined the requirements for the buyer's right to withhold performance under the CISG and the CESL in a comparative way for the seller's actual breach of obligation. In this conclusion, it may provide practical and legal considerations and implications for business people who are not certain about the right to withhold performance.

TradeB: 신뢰성있는 중개인을 통한 블록체인 기반 재화 계약 서비스 (TradeB: A Blockchain-based Property Trade Service Using Trusted Brokers)

  • 윤여국;엄현민;이명준
    • 예술인문사회 융합 멀티미디어 논문지
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    • 제9권9호
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    • pp.819-831
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    • 2019
  • 현대에 거래되는 재화의 종류는 소비형태의 변화에 의해 급속도로 많아지고 있다. 그러나, 거래되는 재화의 종류가 많아진 만큼 이에 대한 정확한 가치판단이 흐려지는 경우가 발생한다. 미술품, 창작물 등의 재화는 소비자가 올바른 가치를 판단하기 어렵다는 단점이 크게 부각되고, 거래 형태 또한 다양하여 이에 대한 신뢰성을 보장받기 힘들다는 문제가 발생한다. 다양한 재화에 대한 접근성이 확대된 현재, 이러한 단점들은 공유경제 시장의 안정성을 저해하는 요인으로 꼽힌다. 본 논문에서는 이러한 문제점을 해결하기 위하여 신뢰성 있는 중개인을 통한 블록체인 기반의 재화 계약 서비스를 제안한다. 제안한 서비스는 이더리움 블록체인에서 동작하는 스마트 컨트랙트를 사용하여 신뢰성 있는 중개인을 등록하고 재화의 가치검증 및 계약 과정에 사용한다. 또한 재화의 등록 내용, 제안 및 계약 과정을 블록체인에 등록하여 계약 과정의 신뢰성을 보장한다. 모든 동작 과정은 스마트 컨트랙트에 등록되고, 이더리움 블록체인의 트랜잭션 히스토리에 저장되므로, 등록된 데이터의 신뢰성을 보장할 수 있다. 또한 등록, 제안 및 계약의 전 과정이 스테이트 머신 기반의 스마트 컨트랙트에 의해 동작하기 때문에 사용자는 계약 과정을 보다 안전하게 제어할 수 있다.

중소기업의 전자무역(e-Trade) 활성화 방안에 관한 연구 (A Study on the Facilitation Strategies of e-Trade in the Korean SMEs)

  • 최장우
    • 통상정보연구
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    • 제5권1호
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    • pp.63-83
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    • 2003
  • This paper's objective is to provide insights about the problems and expansion strategies of electronic trade. Korean small and medium-sized firms have adopted the Internet since the end of 1990s in order to reshape their competitiveness, and it is now being utilized as a major export marketing instrument to develop new customers, save export transaction costs ad facilitate new work processes. However, at present, the use of the internet in the field of trading is limited to the collection of market information, owing to legal, technical and institutional restraints between countries. In addition to that, because firms have the difficulties in making the trade contract through the e-trade system, the negative recognition on its' utility has been spreaded gradually between companies. This is one of the barriers to block the expansion of e-Trade between Korean firms. Therefore, this paper points out the problems of e-trade in the environmental, institutional and strategic view and provides many considerations for establishing the expansion strategy of e-trade by the Korean government and trade supporting institutions.

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전자무역 계획수립 가설에 관한 연구 (A Study on Global e-Trade Planning Hypothesis)

  • 김학민
    • 통상정보연구
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    • 제7권2호
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    • pp.139-162
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    • 2005
  • The objective of this paper is to investigate important factors when one can consider an implementation of global e-trade. This paper in particular intends to derive which factors are significant at information strategic planning stage as well as its evaluation stage. Many works in the global e-trade area have been focusing on narrow research issues related to EDI implementation and trade process automation after trade contracts are legally made. Therefore, more complete and exclusive factors at pre-contract stage should be considered when one can make a strategic plan for global e-trade. Five factors are found to be important for global e-trade planning and those are: (1) corporate strategy, (2)trade process automation, (3)trade information technology & infrastructure, (4)organization & people, and (5)trade information technology utilization. An evaluation framework is developed in this paper and its empirical results are also provided.

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국제물품매매계약상(國際物品賣買契約上) 물품일치성(物品一致性)의 기준(基準)에 관한 법리적(法理的) 고찰(考察) (A Legal Study on the Standard for Conformity of the Goods in the International Sale of Goods)

  • 송명복
    • 무역상무연구
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    • 제12권
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    • pp.133-162
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    • 1999
  • The international sale transaction is in essence a sale of goods and presents all those commercial and legal problems in any sale of goods. As a result, A International sales contract imposes several duties on the parties : the seller must deliver the goods and transfer ownership in them, while the buyer must pay the price and take delivery of the goods. However, there are several problems which impede a active transaction between seller and buyer who have their places of business in other countries each other. Therefore, It is necessary to provide the concept on the conformity of goods in the Int'l Sale of Goods. Especially, In our consideration for the point of time when defects occurs, the existence of non-conformity of goods should be judged on the basis of time of delivery rather than time of contract. Moreover, The burden of proof about nonconformity of goods is another fact which make an international dispute between the contractual parties in an international trade. Thus, The consistency in the interpretation of law must be maintained betweened the warranty and seller's liability. In the Uniform Commercial Code and UN Convention, non-conformity of contract is made of contract liability. And in our civil and commercial law provisions of warranty should be understand as the special ones of the provisions of general non-performance of obligation liability. As a result, More concrete study of them is required because they may have a great influence especially on international trade. As a result, We should be our best in finding a helpful and systematic structure that the dualistic structure of nonperformance of obligation liability and warranty liability must be unified by studying the theories of English and American warranty and our legal system, as well as international practice and usage being used in an international trade.

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A Comparative Study on the Application of the Force Majeure Clause in International Commercial Contracts between Korea and English in the Era of COVID-19

  • Byung-Chan Lee;Nak-Hyun Han
    • Journal of Korea Trade
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    • 제26권7호
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    • pp.167-184
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    • 2022
  • Purpose - This paper analyzes all possible issues that need to be considered in case disputes occur with regard to force majeure in international commercial contracts through the comparative study between English and Korean during COVID-19. Design/methodology - This paper belongs to the field of explanatory legal study, which aims to explain and test whether the choice of law is linked to the conditions that occur in the reality of judicial practice. The juridical approach involves studying and examining theories, concepts, legal doctrines, and legislation that are related to the problem. Findings - English law does not permit general economic impracticability to qualify as a valid force majeure event. If a party asserts that they were prevented from performing the contract, the courts will examine this strictly. Many commercial contracts in a broad range of sectors and industries are chosen by parties to be governed by English law. With COVID-19, there have been discussion of parties being released from performance as a result of force majeure. Meanwhile, under Korean law, a force majeure event should be unforeseeable and beyond a party's control. Since COVID-19 is a known event for future contracts, to avoid the risk that a similar situation in the future is deemed foreseeable and under a party's control, parties must ensure that such a risk is properly addressed in a contract. Therefore, it is necessary to have a new clause to cover a pandemic. Originality/value - In light of the ongoing unexpected and uncertain economic impacts COVID-19 is expected to bring to the world, it is anticipated that companies will experience an increased number of claims involving force majeure around the world, including English and Korea. As such, taking proactive steps to assess the applicable legal principles, including the concept of force majeure of contract, will help companies be prepared for the financial or legal implications of COVID-19. In this regard, it would be advisable for companies and businesses to take specific actions.

국제물품매매계약의 성립과 이행에 관한 서울고등법원의 판례평가 (Commentary on the Seoul High Court's Judgement for the Formation and Performance of Contract for the International Sale of Goods)

  • 심종석
    • 무역학회지
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    • 제43권4호
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    • pp.27-50
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    • 2018
  • 본 연구는 '국제물품매매계약에 관한 UN 협약'(CISG)이 적용된 우리나라 법원의 제반 판결례 중에서 계약의 성립과 이행에 관한 판결례를 중심으로 본건 판결의 법리적 타당성 여부와 판결이 유상의 흠결 내지 보충적 사안 등을 연구대상에 둔 논문으로서, 이로부터 국제물품매매계약에 임하고 있거나 임하고자 하는 계약당사자로 하여금 논제의 범위 내에서 CISG의 올바른 이해를 제고함에 있어 유의할 수 있는 일련의 법적 단초를 제공하기 위함에 목적을 둔 논문이다. 주요 골자는 본고에서 특정한 판결례를 중심으로 사실관계와 당사자의 주장을 개략하고, 이에 법원의 판결주문으로서 적용법의 결정기준, 계약의 성립에 관한 CISG 조문인용과 해석, 중대한 계약위반과 계약해제의 적절성, 동시이행의 항변권 및 그 밖에 본 판결례로부터 유의할 수 있는 보충적 사안 등에 주안점을 두었다.

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국제물품매매계약상 물품의 계약적합성 의무에 관한 비교 연구 (A Comparative Study on the Seller's Duty to Deliver the Goods in Conformity with the Contract)

  • 이병문
    • 무역학회지
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    • 제42권6호
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    • pp.1-25
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    • 2017
  • 본 연구는 하자물품에 대한 매도인의 책임에 관한 CISG와 CESL상 매도인의 계약에 적합한 물품인도의무에 관한 비교연구라는 연구목적 하에 다음과 같은 주요 연구내용을 담고 있다. 첫째, CISG 및 CESL상 하자담보책임 관련 규정중 매도인의 계약에 적합한 물품인도의무의 내용을 구체적 내용의 검토와 더불어 그간 논의의 전개과정을 살펴본다. 둘째, 각 규범의 관련 규정과 상호 비교하여 살펴봄으로 근대입법의 흐름을 진단하여 무역업계의 하자담보책임 관련 이해의 차이를 좁히고 실무적 대응방안의 기초를 마련한다. 셋째, 비교연구를 통하여 상호 차이점에 대한 해석론적 내지 개정 의견을 제시하도록 한다. 이러한 비교연구의 시도는 특히 거래당사자로서 상인과 소비자의 각자 이익의 관점에서 그들의 계약상 합리적 기대를 올바로 반영하고 있는지를 평가하고자 한다.

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고배대지진에 기인한 정형거래조건의 문제점 (A Study on the Limitations of Trade Terms in the Situtations of Kobe Earthquake -with a Special Reference to Marine Insurance-)

  • 강진욱
    • 정보학연구
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    • 제1권2호
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    • pp.15-24
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    • 1998
  • 본 연구에서 살펴본 바와 같이 컨테이너 운송의 경우 보험단보의 공백구간에서 발생하는 위험을 회피하기 위해서는 운송인 책임의 개시와 위험의 이전시기가 일치되어 있는 컨테이너 정형무역거래조건을 이용해야 한다고 사료되어진다.

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e-무역상사의 발전과제에 관한 연구 (A Study on the Issues for Developing e-Trade Service Provider)

  • 이봉수
    • 무역상무연구
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    • 제20권
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    • pp.423-440
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    • 2003
  • The trial business of e-trade service providers for supporting small enterprises to find their markets abroad is about to begin from the end of March, 2003. The department of Industrial Resources held the "Committee of e-trade service provider selection" with professors of e-trade field, and selected three companies: ECplaza, EC21 and Tpage Global. The e-trade service providers combine the various technologies of on-line trades and off-line trades to support small enterprises with lack of marketing skills by intermediation of overseas buyers and production, registration of e-catalogs and offers, administration of inquiries, trade negotiations, and contract settlement. Prospective small enterprises with exports under US$ 5 million will be selected by 2005. The selected companies will be supported fully by the government, and will be provided with the services by the e-trade service providers. e-Trade service will be the most potential and successful ones in the future, which helps traders and organizations preparing for globalization.

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