Abstract

This thesis attempts to examine and compare an important component of any law of contract for the sale of goods, namely, the remedies available to an aggrieved party following a breach of contract. The first part of the thesis deals with the historical background of the uniform laws, their scope and specific characteristics. The following chapters examine the status, role and significance of the two major remedies - the damages and specific performance, in the major legal systems and the uniform laws. In addition, it compares the remaining remedial provisions and concludes that, although the major legal systems of the world have a converging tendency as far as the basic remedies for breach are concerned, the difference in the socio-economic systems stands out as the most formidable obstacle in the attempts to formulate a set of universally acceptable uniform rules for regulating the international sale of goods.