Common Contracts

1 similar Force Majeure Agreement contracts

Pandemi Corona Sebagai Alasan Force Majeur Dalam Suatu Kontrak Bisnis
Force Majeure Agreement • August 9th, 2020

person or more to one or more persons. The results of this agreement is a legal relationship between the parties, which includes the existence of rights and obligations. Contract usually contains by the rules of insistence or known as force majeur (overmacht). The rules of force majeure is due to protect the debtor when carrying out its obligations to the creditor an event that occurs outside the authority of the party concerned. Force majeure can be in the form of earthquake, fire, flood, landslide, war, military coup, embargo, epidemic, and so on. During the corona pandemic which is currently struck out whole of the world, it certainly has an impact on the implementation of business contract. This study examines about force majeure in an agreement that occurred during the corona virus pandemic cannot automatically be used as a reason for canceling business contract, but can be used as a way to negotiate in canceling or changing the contents of the contract.

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