英文摘要 |
As agreed liability for breach of contract, agreed payment for breach of contract in Article 114 of Contract Law can be expressed as a definitized amount or a calculation method. It works with bi-founction character (compensation function and press founction) in transaction. The payablility of agreed payment for breach of contract requires a valid agreement concerning the payment, as well as the corresponding breach of contract. Agreed payment stipulated for the form of defaults other than delay in performance, in principle, estimates the total amount of compensation for the total damage caused by the corresponding breach, which is the key to deal with the relationship between agreed payment and statutory liabilities for breach of contract. Agreed payment for breach of contract may be applied in parallel with the termination of contract and shall not follow the rules for the commencement of limitation for indefinite debts. The 'actual loss' for the judicial modification for agreed payment for breach of contract in Article 28, Article 29 of Interpretation of the Supreme People's Court on Several Issues Concerning Application of the Contract Law of the People's Republic of China (2) shall be understood as compensable damage, including loss actually suffered and lost profit. The judicial increase of agreed payment for breach of contract, which runs as a mechanism of intervention with judicial discretion, is different from the approach of 'agreed payment plus damages compensation'. |