Theoretical and Practical Matters Regarding the Price Determination in Commercial Contracts

Abstract

In any contract, the price must be determined or at least determinable. The parties may specify in the contract the essential elements by which the price could be determined in the future. The determination of the price cannot be left to the subsequent appreciation of the parties or of one of them and not even the court cannot determine the price.

Authors and Affiliations

DIANA GORUN

Keywords

Related Articles

The Impact of Employer Branding and Career Growth on Talent Retention: The Mediating Role of Recruitment Practices in the Malaysian Public Sector

This paper discusses the determinants of talent retention and its relationship with employer branding, career growth and recruitment practices within the context of education, science and technology and medical sectors o...

Relationship between Civil and Military in Disaster Response and Recovery

In recent years, military and civil agencies play an important role in disaster response and recovery. These include an increase in the scale and incident of natural disasters, a concurrent trend towards militarization o...

Development of Management Index for Pondok Institutions in Kedah: New Horizons in Assessing Value Towards Pondok Sustainability and Survivability

The Pondok Education were getting popular and the number of pondok Institution in Kedah keep increasing year by year. Yayasan Pembangunan Pondok Malaysia (YPPM) clarified that, there were 242 pondok institutions in Malay...

Audit Committee and Internal Audit Function towards the Quality of Zakat Distribution Performance in Malaysia: A Propose of Study

Recently, quality audit committee and effectiveness internal audit function is needed by organization in order to ensure its function meets the best performance. Both of the unit is complement each other in setting the f...

Relationship between Human Resource Practices and Talent Retention among Professional and Management Staff of a Public University in Malaysia

The main objective of this study is to examine the relationship between human resource practices and talent retention and at the same time determine the dominant factor that contributes to talent retention among the prof...

Download PDF file
  • EP ID EP610037
  • DOI 10.6007/IJARBSS/v7-i4/2864
  • Views 91
  • Downloads 0

How To Cite

DIANA GORUN (2017). Theoretical and Practical Matters Regarding the Price Determination in Commercial Contracts. International Journal of Academic Research in Business and Social Sciences, 7(4), 732-739. https://europub.co.uk./articles/-A-610037