Contracts #1 Zhanat Alimanov, assistant professor

II. Focus (Subject) of the Civil Law Money/Property Obligations Contract Injury / Damages

1. Draft a contract (house rent): Draft a contract (house rent): (1) introduction & (2) subject matter Parties: (1) LLP Taron, Executive secretary Natalya Alexandrovna Fedotova (Landlord) (2) Aibek Nurlanovich Kalyshev (Tennant) Executive secretary is executive body

Договор ТОО «Taron», в дальнейшем называемое «Наймодатель», в лице исполнительного секретаря Федотовой Натальи Александровны, действующей на основании Устава, и Калышев Айбека Нурлановича, в дальнейшем называемыемого «Наниматель» заключили настоящий договор о нижеследующем. 1. Предмет договора 1.1Наймодатель обязуется предоставить Нанимателю жилище в пользование за плату. Step 2. Art. 601 Step 1: Find the article in the Civil Code => 601 Step 3: Charter => Executive Body, & its powers

Home assignment 1 Draft a loan contract: (1) introduction & (2) subject matter Parties: (1) JSC Kazkommertsbank, Chairman of the Management Board Nina Aronovna Zhusupova (2) LLP Malik, president Berik Samatovich Salov President is not executive body in the LLP. As for Kazkom, see the charter on

Договор АО «Казкоммерцбанк», в дальнейшем называемое «Заимодатель», в лице председателя правления Жусуповой Нины Ароновны, действующей на основании Устава, и ТОО «Малик», в дальнейшем называемый «Заемщик», в лице президента Салова Берика Саматовича, действующего на основании доверенности, заключили настоящий договор о нижеследующем. 1. Предмет договора 1.1Заимодатель обязуется передать взаймы деньги в размере _____ Заемщику на условиях платности, срочности, возвратности. Step 2: Art. 727 Step 1: Find the article in the Civil Code => art.727 Step 3: Charter => Executive Body, & its powers

Home assignment 2 Draft a leasing contract (договор лизинга) on Aircraft: (1) introduction & (2) subject matter Parties: (1) BTA bank, Chairman of Board of Directors Arman Galiaskar Dunayev (1) Air Astana, senior vice president Alma Berikovna Aliguzhinova, -Documents.aspx -Documents.aspx

Договор АО «БТА банк», в дальнейшем называемое «Лизингодатель», в лице председателя Совета директоров Дунаева Армана Галиаскаровича, действующего на основании Доверенности, и АО «Эйр Астана», в дальнейшем называемое «Лизингополучатель», в лице старшего вице президента Алигужиновой Алмы Бериковны, действующей на основании Доверенности, заключили настоящий договор о нижеследующем. 1. Предмет договора 1.1Лизингодатель обязуется приобрести в собственность указанное лизингополучателем имущество у продавца и предоставить лизингополучателю это имущество во временное владение и пользование для предпринимательских целей за плату. Step 2: Art. 565 Step 1: Find the article in the Civil Code => art.565 Step 3: Charter => Executive Body, & its powers

Home assignment 3 Draft a bank deposit contract (банковский вклад): (1) introduction & (2) subject matter Parties: (1) Sberbank Russia, President German Oskar Gref e_documents/ (1) Gulmira Muratovna Kurasheva

Договор ОАО «Сбербанк России», в дальнейшем называемое «Банк», в лице Президента Грефа Германа Оскаровича, действующего на основании Устава, и Курашева Гульмира Муратовна, в дальнейшем называемая «Вкладчик», заключили настоящий договор о нижеследующем. 1. Предмет договора 1.1Банк обязуется принять от Вкладчика деньги (вклад), выплачивать по ним вознаграждение в размере и порядке, предусмотренных настоящим договором, и возвратить вклад. Step 2: Art. 756 Step 1: Find the article in the Civil Code => art.756 Step 3: Charter => Executive Body, & its powers

Home assignment Chapters 4, 22, 23, 24 (Transactions), Civil Code (General Part)

Terms 1. Offer - оферта (предложение) 2. Offeror - лицо, сделавшее предложение (оферент) 3. Offeree – лицо, кому сделали предложение 4. Subject matter of Contract – предмет договора 5. Essential terms – существенные условия 6. Acceptance – акцепт (принятие) 7. Revocation – отзыв 8. Rejection - отказ 9. Detrimentally – в ущерб 10. Detriment – ущерб 11. Reasonably – разумно 12. Foreseeably – можно было предвидеть 13. Lapse of time - истечение срока 14. Counteroffer – контр-офферта

PLAN (Formation of Contracts) Formation of Contracts I. What is contract? II. Formation of Contract III. Offer A. Elements of offer B. Revocation C. Miscellaneous

I. What is contract?

Can the contract be made orally?

Example Mustafa reserved 5 seats in the theater over the phone. Is it contract? Can it be made orally?

Example Mustafa ordered 500 tons of apples to his supermarket over the phone at KZT 10,000 per ton. Is it contract? Can it be made orally?

Example Mustafa ordered 500 tons of apples to his supermarket over the phone. Is it contract? Can it be made orally? Art. 151

Example Written form SimpleNotarized Non – Observance CONTRACT NO CONTRACT

If there is no written document, called contract, when contract is formed?

II. When the contract is formed?

CONTRACT documentNo document = oral or correspondence

If there is no written document, called contract, when contract is formed?

OFFER ACCEPTANCE +

OFFER ACCEPTANCE FORMATION of CONTRACT

Статья 397. Порядок заключения (ГК РК) 1. Когда ОФЕРТА содержит СРОК для АКЦЕПТА, договор считается ЗАКЛЮЧЕННЫМ, если акцепт получен лицом, направившим оферту, в пределах указанного в ней срока.

Статья 397. Порядок заключения (ГК РК) 2. Когда ПИСЬМЕННАЯ оферта НЕ СОДЕРЖИТ СРОКА для акцепта, договор считается ЗАКЛЮЧЕННЫМ, если акцепт получен лицом, направившим оферту, до окончания срока, установленного законодательством, а если такой срок не установлен - в течение нормально необходимого для этого времени.

Статья 397. Порядок заключения (ГК РК) 3. Когда ОФЕРТА сделана УСТНО БЕЗ УКАЗАНИЯ СРОКА для акцепта, договор считается ЗАКЛЮЧЕННЫМ, если другая сторона немедленно заявила о ее акцепте.

III. Offer (art. 395) OFFER

What is offer?

When offeror is bound by the terms of his offer.

Статья 395. Оферта (ГК РК) « Офертой признается предложение о заключении договора, сделанное одному или нескольким (1) конкретным лицам (identified offeree), если оно достаточно определенно и выражает (2) намерение (intent) лица, сделавшего предложение, считать себя связанным в случае его принятия (акцепта). Предложение является достаточно определенным, если в нем указаны (3) существенные условия договора или порядок их определения (essential terms).»

OFFER 1.Intent 2.Identified Offeree 3. Essential terms

Example Adlet, a student of KIMEP, puts an announcement at KIMEP. I, Adlet Y., am selling my Audi A6 for KZT 5 mln. Please see photos. Ivan comes, and would like to buy the car. Adlet says that he changed his mind, and it was a joke.

Example Can we say that Adlet had intent to sell his car?

A. Elements of offer 1. Intent to be bound

Example Is Adlet bound by his promise?

Example Is Adlet bound by his promise? No identified offeree. Art. 395

A. Elements of offer 2. Identified offeree

Example 2 Lets assume that Ivan comes to him and says that he is willing to buy the car. Adlet says, No problem. I will have it delivered tomorrow. The next morning, Adlet says to Ivan, Forget about my car. I changed my mind.

Example 2 Is Adlet bound (связан) by his promise?

Example 2 Is Adlet bound (связан) by his promise? Art. 395, yes.

Example 3 Oleg started to work for Arico Motors as sales representative. He sends commercial letters to companies saying that: Arico Motors would like to sell 10 jeeps of special modification for the special price of KZT 1,000,000 to be delivered within next month.

Example 3 Tuesday, Oleg receives fax, saying that company Macro would like to receive 10 jeeps on these terms. Wednesday, Oleg receives another fax from companies, Tacro & Zarco saying that they would like to receive these jeeps.

Example 3 Who made the offer to Macro: Oleg or Arico Motors?

Example 3 Who made the offer to Macro: Oleg or Arico Motors? Arico Motors, i.e., legal entity

Example 3 Was there an offer, i.e., is Arico Motors bound by its terms to: Macro? Tacro? Zacro?

Example 2 Was there an offer, i.e., is Arico Motors bound by its terms to: Macro? Yes. Art. 395 Tacro? Yes. Art. 395 Zacro? Yes. Art. 395 (1) Intent + (2) identify offeree + (3) & the offer contains essential terms.

A. Elements of offer 3. Essential terms

Example 1 Michael, head of Herbs Industries, said to Aibek, head of Supermarket Goss Do not worry, you will have exclusive sales of some of our products in KZ as we cannot offer all products in KZ. Aibek hired additional staff, and expanded his facilities. He learns a month later that the contract was given to supermarket Domillion, his competitor. Was contract formed here?

Essential terms (Art. 393) (1) subject matter of the contract (2) terms which are necessary for such contract, i.e., without which the contract does not make sense

Example 2 Marusya dreams of learning to snowboard. She has found Boris to teach her. She asked him, Can you teach me how to snowboard? Boris answers, Of course. My fee is 5,000 an hour, including all the gear. You will need 10 hours Marusya answers, Ok, but I want pink snowboard to look good with my skiing suit.

Example 2 Next morning Boris comes with white snowboard. Marusya refuses to ski. She demands pink snowboard. Boris says, Pink or White does not matter for learning Snowboard. He demands money for his lost hours. Was there a contract? Who violated the contract if there was one, Boris or Marusya?

Essential terms (Art. 393) (1) subject matter of the contract (2) terms which are necessary for such contract, i.e., without which the contract does not make sense (3) terms which are proposed by one of the Parties (4) terms recognized as essential by law

Essential terms Please look at art. 727 which terms are considered to be essential under this article.

Essential terms Please look at art. 727 which terms are considered to be essential under this article. (1) Interest (платность) (2) Term (возвратность) (3) Due date (срочночть)

Essential terms (Art. 393) (1) subject matter of the contract (2) terms which are necessary for such contract, i.e., without which the contract does not make sense (3) terms which are proposed by one of the Parties (4) terms recognized as essential by law

OFFER 1.Intent 2.Identified Offeree 3. Essential terms

B. Revocation

Example (lets assume..) Boris makes such announcement: If anyone crosses Kapshagai lake on foot, I will give him KZT 10 mln. Marusya calls Boris willing to accept. Before Marusya accepts, Boris says to her Revoked.

Example (lets assume..) Is it an offer? If it is, can Boris revoke the offer?

Example (lets assume..) Is it an offer? Art. 395, yes, all elements of offer. If it is, can Boris revoke the offer? Art. 395, Yes.

Revocation (отзыв) (art. 395) Revocation can be made before the acceptance.

Example (lets assume..) Boris makes such announcement: If anyone crosses Kapshagai lake on foot, I will give him KZT 10 mln. Marusya starts to cross Kapshagai lake, and 10 meters before the finish Line, Boris shouts to her Revoked!

Example (lets assume..) Can Boris revoke the offer?

Example (lets assume..) Can Boris revoke the offer? No, art. 396.

Revocation (отзыв) (art. 395) Revocation cannot be made after the performance has started.

Example (lets assume..) Boris sends a letter to Marusya: If you cross Kapshagai lake on foot, I will give you KZT 10 mln. The offer is open for 20 days Two days after the offer, Boris changes his mind starts, sends another letter to to Marusya The offer is revoked. Marusya receives the revocation letter 1 day after, and sends back a letter to Boris. Your offer is accepted.

Example (lets assume..) Can Boris revoke the offer? What Boris and Marusya have?

Example (lets assume..) Can Boris revoke the offer? What Boris and Marusya have? No. They have contract. Art. 395

Revocation (отзыв) (art. 395) Firm offer cannot be revoked

Example om/ru/showthread.php? s=c11314b4b dbc799ee&t=1 6765

C. Miscellaneous Advertising Unidentified offeree Public offer Identified Offeree Intent Essential terms