@article{MAKHILLTSS20138522451,
    title = {Principles of Contract Law in Iran},
    journal = {The Social Sciences},
    volume = {8},
    number = {5},
    pages = {454-460},
    year = {2013},
    issn = {1818-5800},
    doi = {sscience.2013.454.460},
    url = {https://makhillpublications.co/view-article.php?issn=1818-5800&doi=sscience.2013.454.460},
    author = {Sakina Shaik Ahmad,Suzanna Mohamed,Mehdi and},
    keywords = {legal system,obligation,agreement,discharge,Contract,Iran},
    abstract = {Each person enters into transaction or into contracts with 
  others in his or her everyday life. A contract is valid if it is concluded according 
  to legal criteria. A contract made in breach of a legal criterion is null and 
  void. Contract can be defined as “an 
  agreement between two or more parties that is binding by law”. 
  The purpose of the study is to identify legal system and principles of contract 
  law in Iran. The principles of contract law in Iran include binding nature of 
  contract, principle of freedom of contract, principle of validity of contract, 
  principle of privity of contract, rule of custom, basic condition of validity 
  of transaction, implied condition of contract, discharge of contract and damages. 
  Besides, basic conditions for a contract to be valid are intention and consent, 
  capacity, specificity of object of transaction and legitimacy of cause of transaction. 
  In this study, principle of contract law and conditions for validity of transactions 
  in Iran are taken into consideration and its nature and its effects have been 
  surveyed. According to Article 264 Civil Code of Iran, obligations can be discharged 
  by one of the following ways namely fulfillment of obligation, cancellation 
  of bargain, release from obligation, substitution of obligation, offset and 
  recoupment and acquisition of debt. At the end in addition to enumerating the 
  implied conditions of contract, the damages of contract will be analyzed. This 
  research study is of library type and the descriptive methodology has been used.}
    }