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Fairness in the Resolution of International Business Disputes
Author(s) -
Breitenbach Robert B.
Publication year - 1995
Publication title -
international journal of purchasing and materials management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 1055-6001
DOI - 10.1111/j.1745-493x.1995.tb00213.x
Subject(s) - dilemma , law and economics , position (finance) , purchasing , sign (mathematics) , business , resolution (logic) , political science , law , economics , marketing , finance , computer science , epistemology , mathematical analysis , philosophy , mathematics , artificial intelligence
Predrafted, international contracts presented on a “take it or leave it” basis can present a dilemma to a non drafting party who is under economic pressure to sign the contract, but who may lose certain legal rights by doing so. The law's evolving position on this dilemma is discussed, and recommendations for purchasing professionals are presented.