Belgian Magistrate Aptitude Exam Practice Questions - Examen Inzake Beroepsbekwaamheid Voor De Uitoefening Van Gerechtelijke Functies (HRJ-CSJ) Exam

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A long-term supply contract becomes ruinously expensive for the seller after an unforeseeable market shock the seller did not assume. Under article 5.74 BW (imprevisie / change of circumstances), the seller’s first statutory step is to:

Stop performing at once and treat the contract as automatically terminated Ask the buyer to renegotiate with a view to adaptation or termination, while continuing to perform in the meantime Claim that every price increase, however modest, dissolves the contract Ignore the shock because Belgian law still rejects any hardship doctrine

Correct Answer:

Ask the buyer to renegotiate with a view to adaptation or termination, while continuing to perform in the meantime

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