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논문 기본 정보

자료유형
학술저널
저자정보
저널정보
한국무역상무학회 무역상무연구 무역상무연구 제42권
발행연도
2009.5
수록면
163 - 186 (24page)

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초록· 키워드

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On April 11, 1980, the "United Nations on Contracts for the InternationalSale of Goods" (“CISG") was prepared by the United Nations Commissionon International Trade Law (UNCITRAL) and approved by a diplomaticconference in Vienna providing uniform law for international sales ofgoods. It took effect as of March 1, 2005, in Korea.It is set forth on the seller's remedies for breach by the buyer Section III(Art. 61 - 65) under the CISG. In this study, the focus is only on theseller's notice fixing additional final period for performance (Art. 63) andthe right to avoid the contract (Art. 64), with examination on somerelevant foreign arbitral awards rendered by the ICC and the CIETACtogether.Article 63 provides that the seller may fix an additional period of timefor reasonable length for performance by the buyer of his obligation. Itwas found from the above arbitral awards that the concept of 'reasonablelength' should be decided on a case-by-case basis, given the specificcircumstances in the case [Art. 63(1)].It is provided that unless the seller has received a notice that he willnot perform within the period so fixed, the seller may not, during thatperiod, resort to any remedy for breach of contract in accordance withArticle 63(2).Article 64(1) provides the means and grounds for avoidance of thecontract,which can be avoided 1) when the breach of the buyer amountsto a fundamental breach of contract, or 2) when the additional period oftime is fixed by the seller, unless the buyer declares that he will notperform so within the period of fixed time. As we examined in the abovearbitral awards, it was held that the contract is avoided when the sellersends the final notice stating that he will avoid the contract, after theexpiration of the additional period of time fixed by the seller in the ICCaward. On the contrary, it was held that the contract should be deemedto be avoided exactly when the expiration of additional period noted inthe avoidance notice is elapsed in the CIETAC award. Article 64(2) setstime limits for avoidance.

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