The Impacts of Coronavirus Disease (Covid-19) on Pre-Existing Contracts in Nigeria
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Date
2020-02
Journal Title
Journal ISSN
Volume Title
Publisher
International Centre for Law and Democracy Studies in Conjunction with the Faculty of Law, Nnamdi Azikiwe University, Awka, Anambra State.
Abstract
The new Coronavirus disease has taken the entire world by storm, spreading like a wildfire. Consequently, various business plans and global events were cancelled, contracts were aborted and up until the moment performance of contractual obligations are being frustrated or hindered. This paper seeks to examine the measures taken by the Nigerian government in order to combat the virus. It further examines the effects of the Corona Virus pandemic on pre-existing Contracts such as contract of loans, mortgages and tax liabilities.
Description
Coronavirus Disease on Pre-Existing Contracts
Keywords
Coronavirus Disease, Pre-Existing Contracts, Nigerian Governments, Stimulus/ Palliatives, Force Majeur
Citation
Vol.2 No.3 (2020)