The Rwandan Commercial Law Books Series 2
Institute Of Legal Practice And Development, Nyanza
16,5 x 24 cm
ISBN 978 90 361 0362 6
Contract law is an important subject for the business managers entering into contracts with suppliers of goods and services, employees and customers. Contract Law is also basic to other fields of law covered by the Business Law Reform Project like business associations, secured transactions and Negotiable instruments.
Due to the increasing demands of modern commercial transactions, contracts which were never catered for by the general framework of the Civil Code Book III, had to be concluded. Consequently new laws had to be enacted so as to safeguard the rights and obligations of the parties, such as transport and transport agents, pledge of business assets, insurance and leasing. This illustrates the gaps in the general framework of Contractual Obligations.
The main sources of the new law governing contracts are the American Restatement of The Law, Second, Contracts, a Restatement of the Common law of the States of the United States of America but various adjustments, modifications, and adaptations have been made to make it appropriate to the Rwandan context.
The new law governing contract is comprised of 165 articles in six chapters with substantial provisions and two chapter on General provisions, final and transitional provisions.
The original version is in English but the Law was voted in Kinyarwanda and the English original version reviewed accordingly. Sometimes legal terms accepted in Common Law were lost in translation, which makes the provisions of the law in the English version sometimes incomprehensible.
This book offers the context to the provisions of the enacted law to enable users to understand the spirit and the provisions of the law. Where necessary, the right terminology of the original version in English is used to enable local professionals used to the Civil law terminology to get the right translation in English and to enable outside users used to the Common Law terminology to understand the English version of the law.