%0 Journal Article
%T The Role of Dynamic Interpretation in Creating Contract Balance
%A Nasrin Servati Gargari
%A Jalil Ghanavati
%J Journal of Organizational Behavior Research
%@ 2528-9705
%D 2022
%V 7
%N 2
%R 10.51847/owAXqnSWSD
%P 60-72
%X Nowadays, due to rapid and unforeseeable changes, international contracts are always at the risk of changing conditions. Therefore, the initial balance intended by the parties is lost, which makes it difficult for all parties to implement the contract. Despite accepting the pactasuntservanda, the majority of legal systems have also accepted the theory of changing circumstances and Hardship. This study aimed to apply dynamic methods in the contract interpretations stage tobring the contract closer to the initial and real purpose of the parties to revive Contract Balance. In this method, any action occurring before, after, and even during the time of contract conclusion has to be taken into consideration. However, the focus should not only be on the events occurring at the time of concluding the contract. The parties can even predict terms and conditions, like a Hardship clause or a Changes clause, to avoid the potential effect of probable changes. Also, turning to previous relations, customs, and practices of the parties and applying interpretive rules can facilitate dynamic interpretation
%U https://odad.org/article/the-role-of-dynamic-interpretation-in-creating-contract-balance-qjr61cyatsdfpyq