Abstract
To penalize contractual breaches allows efficient allocation of risks in a contract, ensuring and maintaining the contractual equilibrium that the parties had in mind and shaped in its contractual regulation. The intelligent use of penalties will safeguard and maintain the economic balance of the contracts, thus maintaining the profitability of business operations pursued through them.
| Original language | Spanish |
|---|---|
| Pages (from-to) | 194-201 |
| Number of pages | 8 |
| Journal | Ius et Veritas |
| Issue number | 52 |
| State | Published - Jun 2016 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 16 Peace, Justice and Strong Institutions -
SDG 17 Partnerships for the Goals
Keywords
- Penalty clauses
- Moratoria penalties
- Countervailing penalties
- Pact o further damage
- Economic analysis
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