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Part III Formation of The Contract, 14 Modification of Contract

From: Global Sales and Contract Law

Ingeborg Schwenzer, Pascal Hachem, Christopher Kee

Content type:
Book content
Product:
International Commercial Law [ICML]
Published in print:
26 January 2012
ISBN:
9780199572984

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 08 December 2023

Subject(s):
d2ae314e-26f8-4022-b17a-4a449d1ec4f8 — 1c17792c-7010-4609-a950-ab579e21651c
14.01 In all domestic legal systems the modification1 of a concluded contract by agreement is generally possible.2 This naturally follows from the general principle of freedom of contract.3 In general, the rules on contract formation also apply to the agreement modifying the original contract. For common law jurisdictions, save for the USA,4 this in particular means that consideration for the modification must be provided.5 Special regard, however, is to be had to form requirements.6 At the international level uniform law and projects reinforce this position, some...
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