MORALS IN SALE CONTRACT; BREACHES AND REMEDIES UNDER THE SALE OF GOODS ACT OF GHANA

Abstract: In the evolving landscape of international trade, the legal frameworks guiding commercial transactions are paramount. This study delves into a comparative analysis of three pivotal instruments: the Sale of Goods Act of Ghana, the United Nations Convention on Contracts for the International Sale of Goods (CISG), and the UNIDROIT Principles of International Commercial Contracts (PICC). By juxtaposing these systems, the research unveils both harmonies and dissonances, each bearing implications for businesses and policymakers. While they converge on universal commercial imperatives like good faith and predictability, their divergences highlight jurisdictional idiosyncrasies and socio-economic variances. Drawing from this intricate analysis, the study posits the need for strategic harmonization, emphasizing an adaptive framework that respects the unique value of each system. It underscores the pivotal role of businesses in adeptly navigating these regimes and the ensuing legal ramifications. Findings: The authors juxtaposed that as the global business commerce surges, the should be an open ended cross cutting international legislations that can let specific regions adopt and develop tailored legal and business practice frame works to suit their regions and countries. It was discovered that such measure are highly likely to be embraced by policy makers and political heads, business group, regulatory agencies and companies. There was an emphasis made that a nuanced understanding of these frameworks becomes vital for a cohesive, cogent and fair business commerce for industry players.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-08
DOI
https://doi.org/10.5281/zenodo.13283017
Primary Topic
European and International Contract Law
Type
article
Field-Weighted Citation Impact
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article

MORALS IN SALE CONTRACT; BREACHES AND REMEDIES UNDER THE SALE OF GOODS ACT OF GHANA

Zenodo (CERN European Organization for Nuclear Research)
European and International Contract Law
article

MORALS IN SALE CONTRACT; BREACHES AND REMEDIES UNDER THE SALE OF GOODS ACT OF GHANA

article en

Abstract

Abstract: In the evolving landscape of international trade, the legal frameworks guiding commercial transactions are paramount. This study delves into a comparative analysis of three pivotal instruments: the Sale of Goods Act of Ghana, the United Nations Convention on Contracts for the International Sale of Goods (CISG), and the UNIDROIT Principles of International Commercial Contracts (PICC). By juxtaposing these systems, the research unveils both harmonies and dissonances, each bearing implications for businesses and policymakers. While they converge on universal commercial imperatives like good faith and predictability, their divergences highlight jurisdictional idiosyncrasies and socio-economic variances. Drawing from this intricate analysis, the study posits the need for strategic harmonization, emphasizing an adaptive framework that respects the unique value of each system. It underscores the pivotal role of businesses in adeptly navigating these regimes and the ensuing legal ramifications. Findings: The authors juxtaposed that as the global business commerce surges, the should be an open ended cross cutting international legislations that can let specific regions adopt and develop tailored legal and business practice frame works to suit their regions and countries. It was discovered that such measure are highly likely to be embraced by policy makers and political heads, business group, regulatory agencies and companies. There was an emphasis made that a nuanced understanding of these frameworks becomes vital for a cohesive, cogent and fair business commerce for industry players.

Zenodo (CERN European Organization for Nuclear Research)
University of Ghana (GH), Trillium Health Centre (CA), Ghana Christian University College (GH), Ghana Communication Technology University (GH)
Partnerships for the goals
Openalex Percentile: Top 32%
European and International Contract Law
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MORALS IN SALE CONTRACT; BREACHES AND REMEDIES UNDER THE SALE OF GOODS ACT OF GHANA · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS