Emergency Clause in Contract Law: Legal Significance, Function, and Comparative Perspectives
Emergency Clause in Contract Law: Legal Significance, Function, and Comparative Perspectives I. Introduction Contract law, as a dynamic domain of private law, is shaped not only by abstract legal principles such as pacta sunt servanda (agreements must be kept), but also by mechanisms that accommodate unexpected disruptions. Among these mechanisms, the emergency clause serves as a pivotal legal tool. It allows contractual parties to adapt to exceptional circumstances that were unforeseen at the time of Read more