Commercial contracts—Armenia—Q&A guide [Archived, 2020 edition]
Published by a LexisNexis Commercial expert
Practice notesCommercial contracts—Armenia—Q&A guide [Archived, 2020 edition]
Published by a LexisNexis Commercial expert
Practice notes
This Practice Note contains a jurisdiction-specific Q&A guide to commercial contracts in Armenia published as part of the Lexology Getting the Deal Through series by Law Business Research (published: June 2020).
Authors: Concern Dialog Law Firm—Aram Orbelyan; Lilit Karapetyan; Shushanik Stepanyan
1. Is there an obligation to use good faith when negotiating a contract?
Armenian law does not currently recognise the obligation on contracting parties to use good faith when negotiating a contract.
2. How are ‘battle of the forms’ disputes resolved in your jurisdiction?
To conclude a contract, it is necessary to have two or more declarations of intent, both corresponding with one another. It is commonly accepted that a contract is concluded if the parties have reached a consensus on the essential conditions of the contract.
Under the Civil Code of Armenia, if an offer is made by one party, no contract is formed unless unconditional acceptance is given to all offer terms. If the terms of the response to the offer deviate from the offer in any manner, the response shall be treated
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