Consequences of the suspended contract

Author

The General Court - Jeddah - Saudi Arabia

Abstract

It can be said that the suspended contract is the contract that has its effect immediately, and its validity is subject to its approval or revocation. And if a suspended contract was concluded due to a stone, coercion, mistake or individualization, the contracting party may rescind the contract after the removal of the stone or the rise of the compulsion or the discovery of the error or the discovery of the individuation. He finds it, even if he trades it in hands, and if the eye perishes in the hands of the one who transferred to him, he guarantees its value, and the coerced or arrogant contracting party has the option, if he wants, within the other contracting party and if he wants, within the forced, and there is no guarantee on the coerced and arrogant contracting party if he took the exchange compulsively or arrogantly and it perishes in his hand without encroachment from him. Therefore, the research aimed to identify the effects of the suspended contract, and the research used the descriptive and inductive method. The research concluded the following: that the suspended contract is considered a valid contract; Due to the availability of the conditions of the contract and its validity, the fact that the contract is suspended does not mean that it was not concluded or that it was concluded invalid. Rather, it was concluded valid, issued by its people and added to its place, except that it does not have its effects until after its approval. There are two phases a suspended contract goes through: the pre-licensing phase and the post-licensing phase. Before the license is issued by the person who owns it, the effect of the contract does not appear, and the appearance of its effect is contingent on the license. The disposition shall be executed before its issuance, if the suspended contract is permitted by a legally valid license to be executed and produce its effect based on the time of its conclusion. ; Because with this permission, his contract is considered valid since its issuance and the buyer becomes the owner of the thing sold from that time.

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