oa De Rebus - Arbitration in long-term contracts
|Article Title||Arbitration in long-term contracts|
|© Publisher:||Law Society of South Africa|
|Author||D.W. Vaughn, D.A.J. & Shenton|
|Publication Date||Feb 1980|
|Pages||73 - 75|
|Keyword(s)||Expert help, Impossibility of performance, International disputes, Manufacturing costs, Minimum sales achieved, National jurisdictions, Proportions of the components, Referee, Selling prices and Sole distribution rights|
Probably the most common experience that South Africa lawyers have of a term in a long-term contract which has to be left to future determination is the provision of an option to renew a lease where the parties cannot come to an agreement at the time when the lease is signed, on the rental which is payable.
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