Cookies Policy
X

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

Best Efforts, Reasonable Care, Due Diligence And General Trade Standards In International Contracts

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

For the purposes of this chapter the Working Group concentrated on four major criteria: &t;best efforts,&t; &t;reasonable efforts&t;, &t;due diligence&t; and references to &t;general trade standards&t; in all their varying formulations. The four criteria tend to appear mainly in certain types of contracts or clauses. Some typical examples encountered by the Group will give the reader an insight into the practice of contractual drafting. The chapter analyzes that practice and synthesizes the main conclusions. The chapter ends with the usual advice to negotiators. The basis is around 150 sample clauses, gleaned from a variety of international contracts.

Keywords: due diligence; general trade standards; international contracts

10.1163/ej.9789004176799.i-654.23
/content/books/10.1163/ej.9789004176799.i-654.23
dcterms_subject,pub_keyword
6
3
Loading

Sign-in

Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
     
    Drafting International Contracts — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation