Implementation of Good Faith Principle as an Efforts to Prevent the Business Disputes

  • Elisabeth Nurhaini BUTARBUTAR Universitas Katolik Santo Thomas, Jl. Setia Budi, Kp. Tengah, Kec. Medan Tuntungan, Kota Medan, Sumatera Utara, Indonesia)

Abstract

This study seeks to analyze the principle of good faith as a preventive measure in business disputes by comparing international perspectives on good faith and regulations in Indonesia. This study was conducted with normative means that in analyzing data used by observing the applicable regulations, logical means in analyzing the data always uses logic and should not conflict between one data with another data. Systematic means, in analyzing analyzed data must remain in the applicable legal system. The study results show that the implementation of the principle of good faith in a credit contract can prevent business disputes, if the terms and achievements/obligations that arise in the contract are formulated in a balanced way between the interests of the bank and the consumer so that the wishes agreed upon in the contract are truly realized and desired by the debtor and the right of the lender to collect the credit repayment can be fulfilled in accordance with goodwill.

References

[1] Aust, A. 1969. Vienna Convention on the Law of Treaties. The Max Planck Encyclopedia of Public International Law, 2006, 10, 709-714.
[2] Burman, H.S. 1995. International Institute for the Unification of Private law (UNIDROIT): Final Act of the Diplomatic Conference for the Adoption of the Draft Unidroit Convention on the International Return of Stolen or Illegally Exported Cultural Objects, International Legal Materials, 34(5), 1322-1339.
[3] Chen-Wishart, M. 1994. Loss Sharing, Undue Influence and Manifest Disadvantage. The Law Quarterly Review.
[4] Davison-Vecchione, D. 2015. Beyond the Forms of Faith: Pacta Sunt Servanda and Loyalty. German Law Journal, 16(5), 1163-1190.
[5] Fu-min, J.I.A.O. 2003. The Attached Obligations in the Implementation of a Contract. Journal of Yangzhou University the Humanities & Social Science Edition, 6.
[6] Gras, F.A. 1984.De socialewerkelijkheid van het standaardkontrakt: eenrechtssociologischonderzoek. Doctoral dissertation, Universiteit van Amsterdam.
[7] Harahap, Y. 1992. Agreement Law in Indonesia, Djambatan: Jakarta.
[8] Hernoko, Y. 2008. Law of Agreement: Principle of Proportionality in Contracts, Yogyakarta: Laks Bang Mediatama.
[9] Hernoko, A.Y. 2016. Principle of Proportionality as the Basis of Exchange of Rights and Obligations of the Parties in Commercial Contracts, Jurnal Hukum Dan Peradilan, 5(3), 447-466.
[10] Hesselink, M.W. 2010. The concept of good faith. Towards A European Civil Code, Fourth Revised and Expanded Edition, 619-649.
[11] Lian-heng, G. 2010. Compare on the Similarities of Contractual Obligations and Contractual Obligations Attendant, Journal of Inner Mongolia University, Philosophy and Social Sciences, 3.
[12] Linderfalk, U. 2007. On the interpretation of treaties: the modern international law as expressed in the 1969 Vienna Convention on the Law of Treaties, Vol. 83, Springer Science and Business Media.
[13] Nievod, A. 1993. Undue influence in contract and probate law, Cultic Studies Journal.
[14] Peng, Y.E. 2015. On the Legal Remedy in Breaching Contractual Collateral Obligations, Journal of Huzhou University,(3), 15.
[15] Peters, L. 2017. International Institute for the Unification of Private Law (UNIDROIT). Kluwer Law International BV.
[16] Raphael, J.S. 1962. The Collier Quick and Easy Guide to Law. Collier Books.
[17] Sewu, P.L.S. 2019. Good faith as a key principle of business ethics to franchise agreement and development in Indonesia, Journal of Legal, Ethical and Regulatory Issues, 22(1), 1-7.
[18] Subekti. 1996. Principles of Civil Law. Jakarta; PT. Intermasa,
[19] Villiger, M.E. 2009. Commentary on the 1969 Vienna Convention on the Law of Treaties. Brill.
Published
2020-06-15
How to Cite
BUTARBUTAR, Elisabeth Nurhaini. Implementation of Good Faith Principle as an Efforts to Prevent the Business Disputes. Journal of Advanced Research in Law and Economics, [S.l.], v. 11, n. 4, p. 1131-1136, june 2020. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/5259>. Date accessed: 21 nov. 2024. doi: https://doi.org/10.14505//jarle.v11.4(50).07.