Recognition of an economic obligation as invalid as a result of fraud and error
Journal Title: Право та державне управління - Year 2017, Vol 2, Issue
Abstract
In the scientific article the basic characteristics of economic contracts with the defects of will were investigated by legal entities as a special subject of economic relations, namely, under the influence of deception and error. The categories of fraud and error under civil and commercial law of Ukraine are investigated in detail, their common and distinctive features, as well as domestic and deception as the grounds for the invalidity of economic contracts. Considerable attention is paid to the analysis of judicial practice on the invalidation of economic contracts concluded as a result of deceit and error. Proposals on improvement of economic legislation are formulated by generalization of judicial practice and extension of the list of documents influencing the conclusion of transactions committed under the influence of deceit and error are made.
Authors and Affiliations
Н. Б. Побіянська, Н. С. Хатнюк
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