An Analysis of Contractual Acceptance Regime in Pakistan——Perspective of Preventing Contractual Legal Risks
Contract legal risk is the top enemy of legal risk in business operation,and the prevention of con-tract legal risk needs to focus on the root of the problem.Generally speaking,the entry into force of the ac-ceptance is the beginning of the binding effect of the contract on both parties.To kill the seed of contract le-gal risk,it is necessary to understand the difference between the acceptance rules in Pakistani contract law and the acceptance rules of our country,and to put forward targeted preventive countermeasures.Firstly,it is prudent to distinguish the connotation of"acceptance"and"promise"under Pakistani contract law in order to avoid confusion;secondly,it is necessary to be guided by the judicial practice,strictly grasp the judgment standard of substantive changes in contract terms,and accept the offer to make a valid promise either ex-pressly or implicitly;Finally,because Pakistani contract law adopts both the doctrine of dispatch and the doc-trine of arrival,whether it is a notice of acceptance or a notice of withdrawal of acceptance that is served and takes effect,both have the relative nature of the parties,resulting in disputes between the parties over the time of the establishment of the contract and the place of establishment of the contract,etc,so it is important to clearly agree on the time of the entry into force of the contract,and it is even more important to be pru-dent in the notification of the withdrawal of an acceptance.In addition,the cultivation of Pakistani rule of law talents will also help to make the China-Pakistan Economic Corridor project a model project for the con-struction of the"Belt and Road"initiative.
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