The Coronavirus outbreak, which was declared a global pandemic by the World Health Organization, is an unfolding global event that affects existing agreements, whether a long-term...
IsraelCoronavirus (COVID-19)
- The Coronavirus outbreak, which was
declared a global pandemic by the World Health Organization, is an
unfolding global event that affects existing agreements, whether a
long-term contract (such as lease agreements, services provision
agreements or execution of projects), or a one-time contract (such
as a sales contract with a specific delivery date).
- The effect can be absolute, i.e., the
agreement can no longer be executed (as in the case of a one-time
event, which is cancelled due to the orders issued), temporary
(such as a restraining order preventing a tenant from using a
rented property), complete (such as the prohibition on opening
stores in malls) or partial (such as restrictions on the number of
people or activities in the workplace).
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