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Law of the Peoples Republic of China on Technology Contracts (1)

来源:中国法律法规大全  点击数:  更新时间:2005-9-18 20:33:17 

 
n of a party that breaches a contract
shall correspond  to  the  losses suffered by the other party as a
result of the breach, but may not exceed the losses that the party
responsible for the breach should have foreseen at the time of
concluding the contract.
 The  parties  may  agree  in  the  contract that when one party
breaches the contract,  it shall pay a certain amount of breach of
contract damages to the other party; they may also agree upon the
methods of computing the amount of compensation to be paid for losses
caused by a breach of contract.
 The  party  that  has  suffered losses due to the other party's
breach of contract  shall  promptly  adopt appropriate measures to
prevent  the losses from  being  aggravated,  if  it  fails  to
promptly adopt such appropriate measures and as a result the losses
are aggravated, it shall not have the right to claim compensation for
the aggravated part of the losses.
@@ Article 18. If all parties are in breach of a technology contract,
each party shall bear its liability commensurately.
 @@  Article  19. If a party fails to perform its obligations
under  a  technology  contract  for  reasons  attributable  to
authorities  at  a  higher level,  it  shall,  according  to
stipulations  of the contract, pay compensation to the other party
or adopt other remedial measures, and then the authorities at a higher
level shall be responsible for dealing with the losses thereby suffered
by the former.
 @@  Article  20.  If  a  party is prevented from performing a
technology contract  by  force majeure, it shall be exonerated from
the liability for its failure to perform the contract.


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