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Contract law in Lithuania. General provisions

Aug 25, 2010
By Marius Matiukas, Associate lawyer

ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontora General provisions of the contract law in Lithuania are defined mainly by the Civil Code of the Republic of Lithuania. A contract is an agreement between two or more persons to establish, modify or extinguish legal relationships by which one or several persons obligate themselves to one or several other persons to perform certain actions (or to refrain from performing certain actions) while the latter persons obtain the r ...

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