• Title/Summary/Keyword: Ethical Hardship

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Can We Apply Ethical Standards to the CISG Impediment? (CISG의 이행장애에 대한 윤리적 기준의 적용 가능성 검토)

  • Jin-Soo Kim
    • Korea Trade Review
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    • v.47 no.3
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    • pp.129-139
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    • 2022
  • Ethical issues in international trade will first need to be resolved through applicable public methods. However, considering that there is a party who produced and manufactured the goods, that is, a seller, and a buyer who purchased the goods, the area of the public law is now a matter of private law. Since the CISG does not mention the term 'ethics' in the full text, an ethical consideration is needed to interpret using existing provisions. In addition, a review of the validity, explicit and implied conditions, trade usages, or established practices between the parties through the CISG shows that ethical issues between the trading parties subject to the CISG may constitute part of the sales contract. Ethical hardship in the process of implementing the contract can also be seen as a impediment in the CISG. However, the safe way for a party to avoid disputes is to explicitly insert a contract clause incorporating ethical standards in the contract or add related terms and conditions and codes of ethics.