1.  Frustration is where a contract is terminated by an event which has arisen through no fault of either contracting party.

2.  In normal circumstances the suggestion that a contracting party can rely on his own breach to establish consideration is distinctly unattractive.

3.  Standardization of contracts is typically unilateral, being devised by particular contracting parties or their trade associations.

4.  The contracting parties shall establish a monetary, economic and social union.

5.  The basis of the economic union shall be the social market economy as the common economic system of the two contracting parties.

6.  Principles The contracting parties are committed to a free, democratic federal and social basic order governed by the rule of law.

7.  Some form of fixed price plus incentive payment offers a partial solution, the aim being to share the risks between the contracting parties.

8.  In other words, who is the contracting party?

9.  In share sales it is the ownership of the contracting party that is changing rather than the identity of the contracting party.