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- W1521773114 abstract "One of the buyer’s remedies for the seller’s delivery of non-conforming goods is the reduction of the price (the actio quanti minoris). This paper examines and provides different formulas to calculate such price reduction and identifies which of them might be working best. In light of the predominant application of the calculation method established in article 50 of the United Nations Convention on Contracts for the International Sale of Goods - as in, for example, the Draft Common Frame of Reference and the Spanish proposal for the modernization of the Law of obligations and contracts –, this paper discusses whether this calculation method should be the one used as a benchmark." @default.
- W1521773114 created "2016-06-24" @default.
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- W1521773114 date "2011-11-04" @default.
- W1521773114 modified "2023-09-23" @default.
- W1521773114 title "New Trends in the Quantification of the Reduction in Price" @default.
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