Time-Locked Contracts; Supply Chain Obligations Across Temporal Jurisdictions
DOI:
https://doi.org/10.53819/81018102t2469Abstract
This review explores Time-Locked Contracts: Supply Chain Obligations Across Temporal Jurisdictions, a critical examination of the legal, regulatory, and technological challenges of enforcing long-term supply chain contracts in a world of shifting jurisdictions. The book introduces the concept of “time-locked contracts”—agreements bound not only by geography but also by evolving legal timelines—and investigates how businesses and governments navigate contract enforcement amid changing laws, geopolitical pressures, and sustainability mandates. Through an incisive analysis of doctrines such as frustration, force majeure, and hardship clauses, the author illuminates how temporal legal uncertainty threatens contractual stability. Drawing on global case studies, the text reveals the inadequacy of rigid contract structures in today’s dynamic regulatory environment and advocates for the incorporation of renegotiation clauses and regulatory-change safeguards. The book also engages critically with technological innovations such as smart contracts and blockchain, weighing their potential to enhance contractual predictability against their limitations in adapting to unforeseen legal changes. In doing so, it questions the sufficiency of algorithmic enforcement and underscores the continuing relevance of human judgment in legal adjudication. The book broadens the discussion to encompass corporate governance and ethical supply chain management, arguing for contract models that can accommodate both evolving compliance demands and global sustainability expectations. Ultimately, the book offers a compelling roadmap for modernizing contract law and enhancing supply chain resilience through legal adaptability, making it an essential resource for legal scholars, policymakers, and corporate practitioners navigating the complexities of temporal jurisdiction in global trade.
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