AbstractAny obligation entitles the creditor to claim the debtor to fulfill accordingly the performance he is bound to. An improper or delayed performance or the failure to perform by one party causes the other a prejudice, therefore entitling the latter to claim the former damages equivalent to the prejudice suffered.
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Bibliographic InfoArticle provided by Universitatea Spiru Haret in its journal Annals of Spiru Haret University, Economic Series.
Volume (Year): 1 (2010)
Issue (Month): 4 ()
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contractual liability; damages; prejudice; wrongful act; default; assessment;
Find related papers by JEL classification:
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
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