Payment of penalty among consequences in law of breach of a contract
Journal Title: Прикарпатський юридичний вісник - Year 2016, Vol 6, Issue
Abstract
The article is devoted to the payment of penalty as consequences in law of breach of the contractual commit- ment. It is identified by the author varieties of penalty depending on penalty subject, method of its calculation and character of secured by it commitment taking into ac- count the contradictory provisions of the Civil and Com- mercial Codes of Ukraine therein. A comparison of such consequences of breach of the contractual commitment as payment of penalty and compensation of damages has been conducted. The penal and evaluation theory of penal- ty has been considered.
Authors and Affiliations
С. В. Пучковський
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