Advantageous contract conditions as warning signals Cover Image

Výhodné smluvní podmínky jako varovné signály
Advantageous contract conditions as warning signals

Author(s): Petr Hajn
Subject(s): Commercial Law
Published by: Masarykova univerzita nakladatelství
Keywords: Advantageous contract conditions;warning signals;cum trahere;

Summary/Abstract: The consequences of trade agreements should not be reminiscent of the outcome of a football match, where the victory of one party in a ratio of 3: 0 means the defeat of the other party in the same ratio. Game theory states that the right contract is based on a "win-win strategy" - both cooperating opponents win (gain benefits). The concept of contracting - at least as linguists claim - is not derived from the word "contra" but from the Latin word "cum trahere".

  • Issue Year: 11/2003
  • Issue No: 1
  • Page Range: 17-21
  • Page Count: 6
  • Language: Czech