The Remedy of Price Reduction in accordance with the United Nations Convention on Contracts for the International Sale of Goods under CISG: With Special Reference to Jordanian Civil Law and English Sale of Goods Law

Authors

Dr. Yusuf Obeidat, Associate Professor of Civil Law, Faculty of Law, Yarmouk University, Irbid, JordanFollow

Abstract

This paper addresses the price reduction remedy established by Articles 50 of the United Nations Convention on Contracts for the International Sales of Goods (hereafter CISG). It begins with examining the prerequisites of price reduction, and exploring the advance declaration for exercising this remedy according to some selected courts’ decisions. The paper argues that those decisions agree with the structure of remedial system of CISG, for Article 50 should be applied in conjunction with other provisions particularly those related to avoidance. It also examines whether price reduction is with unilateral nature in fact, and merits classification as a claim or defense. The scope of this paper expands its benefit to both legal systems by making a special reference to the position of Jordanian Civil Law, as one of the civil law systems, and English sales law, as one of common law systems.

Keywords: Price Reduction, United Nations Convention on Contracts for the International Sales of Goods, (CISG) Article 50, Jordanian Law, English Law.

Recommended Citation

Obeidat, Dr. Yusuf (2018) "The Remedy of Price Reduction in accordance with the United Nations Convention on Contracts for the International Sale of Goods under CISG: With Special Reference to Jordanian Civil Law and English Sale of Goods Law," UAEU Law Journal: Vol. 2018: No. 76, Article 9.
Available at: https://scholarworks.uaeu.ac.ae/sharia_and_law/vol2018/iss76/9