ISSN 2581-5369
HeinOnline, MANUPATRA, Google Scholar Indexed
An Analysis of Contract Law in Terms of Shipping
-
Aryaman Gupta
Student at Indian Institute of Management, Rohtak, India
Abstract
Nowadays, transportation is a crucial part of commerce; even we cannot imagine trade or business without transportation facilities. But it is also very important to ensure that this facility does not cause any harm or damage to the dealing parties (buyer and seller), so we require some laws regarding the proper functioning of this facility. This paper deals with the laws or legislations under which parties abide while making contracts related to shipping or transportation. This paper is also talking about the role of negotiable instruments used while making shipping contracts and also what types of agreements made between the parties (buyer and seller) in this transaction. In this paper, the remedies both parties have in case of any breach of contract or its conditions are also mentioned.
Keywords
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 5, Issue 6, Page 259 - 267
DOI: https://doij.org/10.10000/IJLMH.113759Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
Copyright
Copyright © IJLMH 2021