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Transnational Law

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Pace Law Review

Journal

2014

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Apologies In The Marketplace, Kish Vinayagamoorthy Mar 2014

Apologies In The Marketplace, Kish Vinayagamoorthy

Pace Law Review

In order to better appreciate the insufficiency of money in repairing relationships, Part I describes the benefits that an apology brings to the injured party, transgressor, and the broader community in which the parties belong. Part II explains the increasing significance of relationships to certain categories of commercial transactions and provides examples of the types of relational damage that a contractual breach can cause to these commercial relationships. Part III explains how the benefits previously described in Part I are applicable to repairing the types of commercial relational harm described in Part II. Given that relationships matter especially in transnational …