Reflection on the entrepreneurship contract in the current market conditions in Albania

Xibraku Donalb
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Xibraku Donalb: University of Tirana, Albania

European Journal of Economics, Law and Social Sciences, 2024, vol. 8, issue 2, 75-82

Abstract: The Entrepreneurship contract is one of the most widespread contracts in the domestic market. It is the most useful contract, for the investors or the entrepreneur which intend to develop their projects. It is a contract which has served for decades as a mechanism of economic development due to the characteristics it carries. In this contract, one party (entrepreneur) is obliged, with its own resources and assuming the risk, to perform an act (job), or to accomplish a work or service while the other party is obliged to accept it against the price specified in the contract. The professional practice of this contract has often been transformed, or modified, approaching its special nature. This paper aims to reveal practices and approaches to legislation through interventions by means of legal and by-laws, which distort the contract, the obligations that hinder the parties, the unavoidable risks that affect the project, and in general all situations that cause legal instability. This manuscript will try to make some proposals, in two aspects. The first aspect has to do with clauses which give more legal certainty to the existing system. Second, it will try to challenge legislators by exposing potential developments that could end standards confrontations or legal ambiguities.

Keywords: contract; form of the contract; the entrepreneur; the customer; the effects of registration; essential conditions; adjustments (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ejelss:v:8:y:2024:i:2:p:75-82:n:1008

DOI: 10.2478/ejels-2024-0012

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