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Ethiopian Sales Law in the Light of International Laws and Principles of Contract

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DOI: 10.4236/oalib.1102719    2,457 Downloads   4,074 Views
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ABSTRACT

Contract laws are determinant factors in fostering both domestic and international trade. The better a country has efficient contract rules, the more it attracts trade and investment. This paper is aiming to provide a comparative analysis of the Ethiopian sales law in the light of CISG, PECL, and UNIDROIT Principles. It analyzes the different possibilities of application of these instruments in comparison to Ethiopian law of sales. Major finding of the article revealed that, except few provisions, Ethiopia’s sales law was adopted considering the then time international standards and principles of contract. The paper also strives to forward specific recommendations on amending outdated provisions in the Ethiopian contract and sales law.

Cite this paper

Abera, Z. (2016) Ethiopian Sales Law in the Light of International Laws and Principles of Contract. Open Access Library Journal, 3, 1-10. doi: 10.4236/oalib.1102719.

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