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Part VI Construction of Contract, 27 Practices and Usages

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: 02 June 2023

Subject(s):
Effects of trade practices — Frequency, duration and observance of trade practices — Performance of contract
27.01 In all legal systems practices between the parties as well as usages in trade are of relevance. Although the extent of their influence may differ, it is generally acknowledged that they have binding effects on the parties.1 On a theoretical level the role of practices and usages for the contractual relationship between the parties differs depending on whether they are of relevance for interpretative purposes or for the content of the contract.2 It has already been pointed out in the preceding chapter that practices and usages are among the most common...
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