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- W4240691907 abstract "This commentary analyses Article 8.1 of the UNIDROIT Principles of International Commercial Contracts (PICC) concerning the conditions of set-off. Set-off has five basic requirements: mutuality of obligations, which means that the parties should owe each other performances; obligations of the same kind; the need for the ‘first party’ to be entitled to perform its obligation; the right of the ‘other party’ to enforce obligations; and the ascertainment of the obligation of the ‘other party’. This commentary discusses set-off and jurisdiction (arbitration), mutuality of obligations, obligations of the same kind, right to perform and enforceability, the notions of ascertainment and of ‘the same contract’, and burden of proof relating to set-off." @default.
- W4240691907 created "2022-05-12" @default.
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- W4240691907 date "2015-03-26" @default.
- W4240691907 modified "2023-09-23" @default.
- W4240691907 title "Ch.8 Set-off, Art.8.1" @default.
- W4240691907 doi "https://doi.org/10.1093/law/9780198702627.003.0164" @default.
- W4240691907 hasPublicationYear "2015" @default.
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