• 통상정보연구
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• 제12권4호
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• pp.385-404
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• 2010

The purpose of this article is to examine the Delays of Performance under UN Convention on Contracts for the International Sale of Goods. In theory, there exist three clearly distinguishable categories of breach of contract, namely non-performance, non-conforming performance and late performance. In particular, delays of performance are the most common breach of sales contract including late delivery, late payment or late performance of any other obligation. In this regard, this article examines how parties can, through careful drafting, avoid or minimize legal problems in case of delay in performance. Especially, the export perspective focuses on the seller's interests, which require that sanctions be as lenient as possible if the seller has breached the contract but that there are prompt and adequate sanctions if the buyer has breached the contract. Furthermore, the seller should ensure that a short or medium delay in delivery will not entitle the buyer to declare the contract immediately avoided and take precautions against late payment, including delayed opening of a letter of credit.

• 무역상무연구
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• 제51권
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• pp.187-210
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• 2011

International transactions have the threat of non-payment by the buyer or non-performance by the seller. Parties tend to search for additional means of securing performance and payment beyond the mere agreement in the contract. Such security may be achieved by means of a letter of credit. When contracting parties have agreed to pay by means of a letter of credit, the buyer's bank takes upon itself the obligation to pay the purchase price when the seller tenders the documents that are stipulated in the letter of credit. The documents must comply strictly with the terms of the credit.. The documents play a crucial role in letter of credit transaction. The principles of abstraction, separability and strict compliance governing the letter of credit transaction are considered. The concept of fundamental breach of Article 25 CISG was discussed. This article examines whether a failure to deliver documents conforming to the terms of the letter of credit can constitute a fundamental breach of the sales contract as defined by Article 25 of the CISG by the seller and thereby enable the buyer to avoid the contract. For letter of credit transactions it should be accepted that the delivery of non-performing documents constitutes a fundamental breach, if the result of this breach is that the bank refuses to pay the price for the goods. On the other hand, in the interpretation of Article 25 CISG, it should be noted that if the parties have agreed to payment by means of a letter of credit, they have simultaneously agreed to apply the strict compliance principle to the delivery of documents in the sales contract. Finally the parties should ensure that inconsistency between the requirements under the documentary credit and the requirements under the contract of sale is avoided, since the buyer may be in breach of his payment obligation if the seller cannot get paid under the documentary credit when his documents conform with the contract of sale.

• 한국경영과학회지
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• 제33권4호
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• pp.13-30
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• 2008

We explore the determinants of long-term relationship between the buyer and the supplier to help suppliers develope a strategy to build long-term relationship with their buyers. Based upon an extensive literature review, we propose three droops of independent variables which may affect long-term relationship, including (a) environmental factors (product complexity, product importance, source dependence, price sensitivity), (b) relational factors(trust, commitment, satisfaction, intention of expansion), (c) operational performance(quality, delivery, cost capability, technical knowhow). The buyer's actual period of relationship with its main supplier is used as a dependent variable. Using hierarchical multiple regression analysis, we empirically test hypotheses, analysing a sample of 290 manufacturing firms in the U.S. The statistical results indicate that the buyer's source dependence, price sensitivity and the supplier's commitment play a significant role in establishing long-term relationship between the buyer and the supplier. However, the supplier's cost capability and technical knowhow in operational performance negatively affect long-term relationship in contrast with our hypotheses. Due to this controversial result, we divide the sample group Into dual sourcing and multiple sourcing environments and reconduct regression analysis in a post hoc manner. The findings show that the supplier's cost capability and technical knowhow are negatively associated with the length of relationship only in the multiple sourcing environment. The results may confirm that both parties' opportunistic behavior is more salient in the multiple sourcing environment than in the single sourcing environment.

• The Journal of Asian Finance, Economics and Business
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• 제7권2호
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• pp.237-247
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• 2020

This study explored the impact of interactional justice on supply-chain collaboration and sustainable supply-chain performance. Accordingly, it classified interactional justice of supply-chain management (SCM) into interpersonal and informational justice, and empirically classified the effects of these subordinate concepts on supply-chain collaboration and sustainable supply-chain performance. To this end, 700 questionnaires were distributed, and 201 final valid responses were used for the statistical analysis which revealed the significant positive influence of interpersonal justice on informational justice. This indicates that courtesy, respect, and proper words are important in the relationship between buyers and sellers. Both interpersonal and informational justice had a significant positive relationship with supply-chain collaboration. The results suggest that a fair-trade environment should be cultivated to encourage and facilitate seller-buyer collaboration. Lastly, supply-chain collaboration had a positive influence on sustainable supply-chain performance. This implies that if justice is not perceived in the seller-buyer relationship, collaboration can be hindered, which negatively impacts corporate performance. These findings also helped to understand the importance of interactional justice and to propose a new relationship between interpersonal and informational justice.

• 한국유통학회지:유통연구
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• 제8권1호
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• pp.1-19
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• 2003

본 연구에서는 산업재시장의 특성상 구매자-공급자 관계 형성요인이 나아가 그들의 거래성과에 영향을 미칠 것이라는 가설을 세우고 그 동안 이 분야의 연구에서 많이 다루어지지 않았던 구매자-공급자 관계와 마케팅 성과와의 관계를 고려하여 시장에서의 거래관계가 기업운영의 관계적 성과에 어떤 영향을 미치는지를 함께 분석하고자 하였다. 연구결과 산업재 거래관계에서 기회주의 성향, 거래특유투자, 기술수준, 환경불확실성과 같은 거래특성요인이 구매자와 공급업자간의 몰입이나 신뢰라는 결과변수를 통하여 거래성과에 미치는 영향을 실증 분석하였으며 몰입의 수준이 경제적 성과와 관리적 성과 모두에 긍정적인 영향을 주는 것으로 나타났다. 결국 구매자-공급자 거래관계에 영향을 미치는 주요변수들과 이에 따른 거래 성과를 비교 분석하고 연구에 따른 경영관리적 의미와 시사점도출을 통하여 보다 더 효과적인 산업재 거래를 향한 이론적, 실무적 틀을 제공해 줄 수 있다는 데서 본 연구결과의 의의를 찾아볼 수 있겠다.

• 무역상무연구
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• 제58권
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• pp.179-213
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• 2013

While a performance type guarantee is required as a security for non-performance risk by a seller, a payment guarantee is used as a security for non-payment risk by a buyer(or a borrower in a loan agreement). A payment guarantee is a type of independent bank guarantee, bank guarantee, bond, demand guarantee, or standby letter of credit. A guarantor accepts a credit risk of a principal which is normally a buyer in a contract for sale of goods. A payment guarantee is independent of the underlying relationship between the applicant and the beneficiary. The guarantor is only empowered to examine the beneficiary's demand and determine the payment on its face to the terms of the guarantee. A payment guarantee is thus different from a suretyship. The principle of independence carries a significant advantages for a guarantor as well as for a beneficiary. While a documentary credit requires B/L, commercial invoice, packing list, inspection certificate, etc., a typical payment guarantee does not require any evidence for a seller's performance of the underlying contract other than written demand. In this respect payment guarnatee can be a more secured facility than a documentary credit. A payment guarantee normally comes into force from the issuing date and shall remain in effect until all sums guaranteed shall be paid in full by a buyer(or a borrower) or by a guarantor. Although a guarantor shall pay a demand made in accordance with the terms and conditions of the payment guarantee, a payment demand may be denied when it is determined to be abusive or unfair.

• 벤처창업연구
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• 제13권1호
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• pp.119-129
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• 2018

어느 때보다도 불확실해진 시장환경과 더욱더 복잡해지는 소비자의 요구는 신제품 개발의 중요성을 증대시키고 있다. 하지만, 점차 좁아지는 기술격차와 빨라지는 제품의 수명주기는 기업들로 하여금 외부조직과 연합을 통해 부족한 지식을 보완하는 현상을 가져왔다. 그러나 이러한 현상은 다른 조직과 지식의 교환과 조합이란 새로운 문제를 부각시키게 되었다. 신제품을 개발하기 위한 지식의 교환과 조합을 통해 가치있는 지식을 만들기 위해서는 지식 수령자의 흡수역량이 중요하게 고려되어야 하지만, 동시에 지식 전달자의 특징인 지식보호성향도 놓쳐서는 안된다. 하지만 이러한 요소를 동시에 고려한 연구는 매우 제한적이었다. 본 연구는 신제품 공동개발 과정에서 공급자의 흡수역량과 구매자의 지식보호성향이 신제품 개발성과에 어떠한 영향을 미치는지 알아보았다. 더불어 공급자의 흡수역량과 구매자의 지식보호성향의 상호작용효과에 대해서도 연구하였다. 이를 위해 신제품 공동개발이 자주 발생하는 자동차산업, 전자산업, 방위산업을 대상으로 자료를 수집하였으며 조절회귀분석으로 통계적 검증을 실시하였다. 연구결과 공급자의 흡수역량은 신제품 개발성과와 긍정정 관계가 있었으며, 구매자의 지식보호성향은 신제품 개발성과와 부정적 관계가 있는 것으로 밝혀졌다. 아울러 공급자의 흡수역량과 구매자의 지식보호성향이 신제품 개발결과에 상호작용 효과를 갖는 것으로 나타났다. 이러한 결과는 신제품 공동개발 시 공급자의 흡수역량이 중요한 요소로 작용하지만, 우수한 흡수역량을 가진 공급자라도 구매자가 지식 전달에 부정적인 자세를 가질 경우 신제품 개발성과에 부정적 영향을 미칠 수 있음을 시사한다.

• 무역상무연구
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• 제69권
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• pp.107-126
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• 2016

The parties in International Sale of Goods including Korean Firms Should note ; The buyer must pay the price for the goods and take delivery of them as required by the contract and CISG. The obligations mentioned in Article 53 are primary obligations which are to be fulfilled in the normal performance of the contract. The buyer has to take delivery at the respective place within a reasonable period after this communication since he cannot be required to take delivery immediately. Refusing to take delivery in case of delay not constituting a ground for avoiding the contract makes no sense, since this would lead to even later delivery. The buyer's obligation to pay the price includes taking such steps and complying with such formalities as may be required under the contract or any laws and regulations to enable payment to be made. International sales contracts frequently prescribe that the buyer has to act in advance, that is before the seller starts the process of delivery. Such acts may be either advance payments or the procurement of securities for payment as letters of credit guarantees. On the other hand, The seller deliver the goods hand over any documents relating to them and transfer the property in the goods, as required by the contract and CISG. The seller must deliver goods which are of the quantity, quality and description required by the contract and which are contained or packaged in the manner required by the contract. Except where the parties have agreed otherwise, the goods do not conform with the contract unless they are fit for the purposes for which goods of the same description would ordinarily be used are fit for any particular purpose expressly or impliedly made known to the seller at the time of the conclusion of the contract, except where the circumstances show that the buyer did not rely, or that it was unreasonable for him to rely, on the seller's skill and judgement. The buyer may declare the contract avoided if the failure by the seller to perform any of his obligations under the contract or CISG amounts to a fundamental breach of contract. The seller may declare the contract avoided if the failure by the buyer to perform any of his obligations under the contract or CISG amounts to a fundamental breach of contract.

• 기술혁신연구
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• 제23권3호
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• pp.397-432
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• 2015

본 논문에서는 한국 제조기업들을 대상으로 역동적인 환경 하에 공급사와 구매사의 신제품 개발 기술협력이 구매기업의 신제품 개발 프로젝트의 운영성과에 미치는 영향에 관하여 고찰하였다. 한국생산성본부와 지식경제부가 공동으로 조사한 2012년도 한국 600개 제조기업 조사 자료를 기반으로 회귀분석 방법을 사용하여 분석하였다. 독립 변수로 구매사와 구매사의 주요공급사와의 신제품 개발에서의 기술협력을 사용하였고 종속변수로 구매사의 신제품 개발 프로젝트의 품질달성률(quality), 비용절감(cost), 개발일정준수률(time)의 세 가지 운영 성과를 사용하였다. 환경의 역동성을 조절 변수로 사용하였다. 실증분석 결과 공급사와 구매사간의 기술협력이 신제품 개발 프로젝트 품질 달성율 제고에 긍정적인 영향을 주는 것으로 나타났다. 그러나 예상과 달리 환경의 역동성은 오히려 공급사 구매사의 기술협력의 신제품개발 프로젝트 성과에 모두 부정적으로 작용하는 것으로 나타났다. 이에 환경의 역동성이 높은 산업(통신기기산업)과 낮은 산업(조선산업)으로 분리하여 사후분석을 실시하였다. 사후분석결과, 역동성이 낮은 산업에서는 구매사-공급사의 기술협력이 신제품 개발 프로젝트 운영성과에 긍정적인 작용을 하지만 역동성이 높은 산업에서는 구매사-공급사의 기술협력이 구매사의 신제품 개발 프로젝트의 운영성과에 부정적인 영향을 주고 있음을 발견하였다. 역동성이 높은 산업은 새로운 기술이 요구되는 경우가 많아 기존에 지속적으로 거래를 하고 있는 특정 공급업체와의 협력을 통한 축적된 학습효과 및 시너지를 누리기가 어렵고 이에 주공급업체와의 협력이 프로젝트 운영의 효율성으로 연결되지 못하는 것으로 보인다. 반면에 환경의 역동성이 낮은 환경에서는 기존의 공급업체와의 협력을 통한 축적된 협력 역량 프로젝트 운영성과 향상에 긍정적으로 작용하는 것으로 보인다. 이는 신제품 개발 프로젝트의 속성과 횟수는 기업이 처한 환경과 밀접히 관련되어 있고 주 공급업체와의 기술 협력의 효과는 환경에 따라 다르게 나타나고 있음을 시사한다.

• 무역상무연구
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• 제42권
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• pp.163-186
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• 2009

On April 11, 1980, the "United Nations on Contracts for the International Sale of Goods" ("CISG") was prepared by the United Nations Commission on International Trade Law (UNCITRAL) and approved by a diplomatic conference in Vienna providing uniform law for international sales of goods. 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 the seller's notice fixing additional final period for performance (Art. 63) and the right to avoid the contract (Art. 64), with examination on some relevant foreign arbitral awards rendered by the ICC and the CIETAC together. Article 63 provides that the seller may fix an additional period of time for reasonable length for performance by the buyer of his obligation. It was found from the above arbitral awards that the concept of 'reasonable length' should be decided on a case-by-case basis, given the specific circumstances in the case [Art. 63(1)]. It is provided that unless the seller has received a notice that he will not perform within the period so fixed, the seller may not, during that period, resort to any remedy for breach of contract in accordance with Article 63(2). Article 64(1) provides the means and grounds for avoidance of the contract, which can be avoided 1) when the breach of the buyer amounts to a fundamental breach of contract, or 2) when the additional period of time is fixed by the seller, unless the buyer declares that he will not perform so within the period of fixed time. As we examined in the above arbitral awards, it was held that the contract is avoided when the seller sends the final notice stating that he will avoid the contract, after the expiration of the additional period of time fixed by the seller in the ICC award. On the contrary, it was held that the contract should be deemed to be avoided exactly when the expiration of additional period noted in the avoidance notice is elapsed in the CIETAC award. Article 64(2) sets time limits for avoidance.