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Resolving commercial contract disputes is the process where related parties seek to restore their rights and obligations when there is a breach of contract. Commercial contract disputes can occur in any commercial transaction, including issues of rights and obligations between the parties. In this article, Long Phan will present in detail the methods of resolving commercial contract disputes and important notes when encountering these disputes.
Commercial contract disputes are disagreements between parties regarding the implementation of contract terms. These disputes arise mainly due to violations of the rights and obligations agreed in the contract. According to Article 3 of the Law on Commercial 2005, commercial disputes relate to business activities, including purchase and sale of goods, provision of services, investment, trade promotion and other profitable activities. In these disputes, the parties can request resolution through different methods such as negotiation, conciliation, arbitration or court.
Commercial contract disputes often arise from the following factors:
These factors give rise to disputes between parties and sometimes cause commercial relationships to be interrupted.
>>> Reference: Things to keep in mind before signing a commercial contract.
According to Article 317 of the Law on Commercial 2005, there are four main methods to resolve commercial contract disputes:
When encountering a commercial contract dispute, the parties need to pay attention to the following issues to ensure their rights:
Long Phan provides professional and effective commercial contract dispute resolution consulting services. With a team of experienced consultants, we will help customers as follows:
Resolving commercial contract disputes requires a solid understanding of the law and various resolution methods. Choosing the right resolution method will help protect the interests of both parties and maintain a long-term cooperative relationship. If you need professional support in resolving commercial contract disputes, do not hesitate to contact Long Phan via the hotline 0906735386 to receive advice and dedicated support from our team of experts.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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