Remedies for Breach Under the United Nations Convention on Contracts for International Sale of Goods (CISG)

TY - CHAP

T1 - Remedies for Breach Under the United Nations Convention on Contracts for International Sale of Goods (CISG)

AU - Lookofsky, Joseph

N1 - An electronic version of this work was published in November 2011 in the Lexis/Nexis Database.

PY - 2011

Y1 - 2011

N2 - For every breach of a binding contract, there must be some remedy. The gap-filling remedial structure of the 1980 Vienna Sales Convention (CISG) reflects the fact that all significant forms of remedial relief may be said to fall within three basic courses of action which modern legal systems make available to a party injured by a contractual breach: (1) specific relief, whereby the promisor is made to do what he or she promised; (2) substitutionary relief, whereby the breaching promisor is made to pay some amount of money to compensate the loss suffered by the promisee; (3) the right to terminate, which permits the injured party to put an end to the contractual relationship.

AB - For every breach of a binding contract, there must be some remedy. The gap-filling remedial structure of the 1980 Vienna Sales Convention (CISG) reflects the fact that all significant forms of remedial relief may be said to fall within three basic courses of action which modern legal systems make available to a party injured by a contractual breach: (1) specific relief, whereby the promisor is made to do what he or she promised; (2) substitutionary relief, whereby the breaching promisor is made to pay some amount of money to compensate the loss suffered by the promisee; (3) the right to terminate, which permits the injured party to put an end to the contractual relationship.

M3 - Book chapter

SN - 9780820520209

VL - Release 49

SP - 1

EP - 58

BT - Commercial Damages: A Guide to Remedies in Business Litigation

PB - Matthew Bender

CY - Albany New York

ER -