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Law of Contracts: Their presence in corporate transactions learning

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  • Karati Mikena

    (Tirana Business University College, Albania)

Abstract

Corporate transactions form the foundation of modern business activities, including mergers, acquisitions, partnerships and commercial agreements. Such transactions are supported by contractual relationships that define rights, obligations and expectations between multiple parties. This paper uses a methodology that integrates a comprehensive literature review with a legal analysis, surrounding contract formation, interpretation, performance and remedies in the corporate context. The legal analysis component examines relevant contract law principles and precedents, examining their application and relevance to corporate transactions. This analysis identifies the legal complexities and challenges inherent in these transactions and assesses the effectiveness of contract law in addressing them. This analysis verifies that contract law is an essential aspect of learning and engaging in corporate transactions. It demonstrates how the principles of contract law provide a framework for negotiation, execution and resolution of disputes within these transactions. It underlines the importance of knowledge of contract law in mitigating risks and ensuring the successful implementation of corporate transactions. In conclusion, contract law plays an important role in learning and conducting corporate transactions.

Suggested Citation

  • Karati Mikena, 2023. "Law of Contracts: Their presence in corporate transactions learning," European Journal of Economics, Law and Social Sciences, Sciendo, vol. 7(2), pages 21-26.
  • Handle: RePEc:vrs:ejelss:v:7:y:2023:i:2:p:21-26:n:1003
    DOI: 10.2478/ejels-2023-0003
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