Posts Tagged ‘agreement’
CONTRACT/AGREEMENT IN ACADEMIC DRAFT AND BILL OF INDONESIAN PRIVATE INTERNATIONAL LAW
“a comparison with article 16, 17, and article 18 of algmeene bepalingen van wetgeving voor nederlands indie (ab) staatsblad 1847 no 23 of 1847” If we look at the capital investment dispute between the Government of Indonesia c.q. Indonesia Investment Coordinating Board (BKPM) against Amco Asia and Amco Indonesia during 1980, in which the main…
Read More7 Aspects To Be Noted When Making Commercial Contract In Indonesia
It is true that business deals emerge from mutual trust of involved parties of the transaction, therefore an oral agreement also can be classified as a legal promise of each party to perform their obligation. However, oral agreements are often difficult to enforce in court and sometimes they are not enforceable at all. Therefore, having…
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