Regulating the Intolerance of Contractual Breaches
Keywords:
Penalty Clauses, Moratoria Penalties, Countervailing Penalties, Pact o Further Damage, Economic AnalysisAbstract
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.
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Published
2016-02-07
How to Cite
Talavera Cano, A. (2016). Regulating the Intolerance of Contractual Breaches. IUS ET VERITAS, 24(52), 194–201. Retrieved from https://revistas.pucp.edu.pe/index.php/iusetveritas/article/view/16379
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Copyright (c) 2017 IUS ET VERITAS

This work is licensed under a Creative Commons Attribution 4.0 International License.

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