Professional Documents
Culture Documents
Remedies unique to
buyer
Remedies available
to both Buyers and
Sellers 3. Avoidance of an installment contract (Art 73)
Suspension of
performance of (Art 309) Are entitled to
contracts (Art 308 + claim damages
Art 309)
Specific performance
_x0008_Cancellation
"Art 46: If the goods do not conform with the contract, the buyer may
require delivery of substitute goods only if the lack of conformity
constitutes a fundamental breach of contract and a request for substitute
goods is made either in conjunction with notice given under article 39 or
within a reasonable time thereafter
As specified in article 51, it limits context when buyer can cancel the
contract "The buyer may declare the contract avoided in its entirety only if
the failure to make delivery completely or in conformity with the
contract amounts to a fundamental breach of the contract"
and also mention the seller would lose the right to cancel when the buyer
paid the money (article 64)
According to article 297.2, the buyer at his discretion to demand the seller to
deliver substitute goods or rectify defects
Art 297.2: refers that breaching party must recify defects of the goods or
deliver other goods as substitues but not use money or goods or services of
other types as subtitutes
As per Article 300, penalty can be applied: "Fine for breach means a remedy
whereby the aggrieved party requests the breaching party to pay an amount of
fine for its breach of a contract"
The value of damages for loss shall comprise the value of the actual and direct
loss (Article 302)
Article 306 indicates that interest is appointed to be the average interest rate
lãi suất nợ quá
applicable to overdue debts in the market at the time of payment for the
hạn trung bình
delayed period
In Article 313: even fails in a delivery can be a basis to cancel contract "không
thực hiện nghĩa vụ đối với một lần giao hàng, cung ứng dịch vụ là cơ sở để bên
kia kết luận rằng vi phạm cơ bản sẽ xảy ra đối với những lần giao hàng, cung
ứng dịch vụ sau đó thì bên bị vi phạm có quyền tuyên bố huỷ bỏ hợp đồng đối
với những lần giao hàng, cung ứng dịch vụ sau đó"