Derived from the renowned multi-volume International Encyclopaedia of Laws,
this practical analysis of the law of contracts in
Vietnam covers every
aspect of the subject – definition and classification of contracts,
contractual liability, relation to the law of property, good faith, burden of
proof, defects, penalty clauses, arbitration clauses, remedies in case of
non-performance, damages, power of attorney, and much more. Lawyers who handle
transnational contracts will appreciate the explanation of fundamental
differences in terminology, application, and procedure from one legal system
to another, as well as the international aspects of contract law. Throughout
the book, the treatment emphasizes drafting considerations.
An introduction in which contracts are defined and contrasted to torts,
quasi-contracts, and property is followed by a discussion of the concepts of
‘consideration’ or ‘cause’ and other underlying principles of the formation of
contract. Subsequent chapters cover the doctrines of ‘relative effect’,
termination of contract, and remedies for non-performance. The second part of
the book, recognizing the need to categorize an agreement as a specific
contract in order to determine the rules which apply to it, describes the
nature of agency, sale, lease, building contracts, and other types of
contract. Facts are presented in such a way that readers who are unfamiliar
with specific terms and concepts in varying contexts will fully grasp their
meaning and significance.
Its succinct yet scholarly nature, as well as the practical quality of the
information it provides, make this book a valuable time-saving tool for
business and legal professionals alike. Lawyers representing parties with
interests in
Vietnam will welcome this very useful guide, and academics
and researchers will appreciate its value in the study of comparative contract
law.
