Formation of a contract is nowadays more sophisticated than it formerly used to be due to major progress in communication technologies and technical development, and therefore, looking on negotiation process only through the notions of offer and acceptance alone appears to be somewhat insufficient. It is not unusual and infrequent that long term and complicated dealings take place prior to the conclusion of a contract, especially in more or less complex business matters. During various negotiation stages, many parties may incur different kinds of significant expenses in order to prepare well for the next phase of the negotiations and, eventually, for the targeted contractual performance. For the conclusion of a contract it may also be necessary to inform the other party about the terms and conditions which are essential for the first party's final decision about the contract, while some of this information might be considered as strictly confidential. Although the fundamental principle of contractual freedom allows the parties to act freely in negotiations and the contractual process is generally regarded as a non-binding relationship, there are some restrictions set up with the aim to protect good faith of the parties and support their fair dealings. According to the abovementioned, a situation...
Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:298315 |
Date | January 2011 |
Creators | Obstová, Martina |
Contributors | Čech, Petr, Horáček, Tomáš |
Source Sets | Czech ETDs |
Language | Czech |
Detected Language | English |
Type | info:eu-repo/semantics/masterThesis |
Rights | info:eu-repo/semantics/restrictedAccess |
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