Arxiv
2024 Sabuna Firaddin Mammadzada
Baku State University
mammadzadaa@mail.ru
BREACH OF CONTRACT AS ONE OF THE GROUNDS FOR TERMINATION
OF THE CONTRACT OF CARRIAGE OF GOODS BY SEA
Key words: a contract of carriage of goods by sea, termination of contract, terms of contract, repudiatory breach, anticipatory breach
Açar sözlər: dənizlə yük daşınması müqaviləsi, müqavilənin xitam olunması, müqavilənin müddəaları, imtinaedici pozuntu, gözlənilən pozuntu
Ключевые слова: договор морской перевозки груза, pасторжение договора, условия договора отказ от договора, досрочное нарушение
Introduction
Termination of contract is an act occurring when the parties to the contract are discharged from their contractual obligations. Normally, the contract should be terminated when the parties to the contract carry out the obligations agreed in accordance with the terms in the contract and, as a result, the contractual relations between the parties are satisfied. Otherwise, termination of the contract may take in other various ways without the total performance required by law, that one of these ways is breach of contract. Breach of contract occurs where one party refuses or fails to perform the obligations undertaken according to the contract. However, breach does not automatically terminate the contract and gives to the aggrieved party the right to decide whether he wants to terminate the contract or not.
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