Question: 1. Please explain the relationship between the following two articles(They are taken from some countrys CONTRACT LAW). a) If a party fails to perform its

1. Please explain the relationship between the following two articles(They are taken from some countrys CONTRACT LAW).

a) If a party fails to perform its obligations under a contract, or its performance fails to satisfy the terms of the contract, it shall bear the liabilities for breach of contract such as to continue to perform its obligations, to take remedial measures, or to compensate for losses.

b) A party who is unable to perform a contract due to force majeure is exempted from liability in part or in whole in light of the impact of the event of force majeure, except otherwise provided by law. Where an event of force majeure occurs after the party's delay in performance, it is not exempted from such liability.

2. Compare the following two articles. Firstly, LIST the differences between the two. Secondly, EXPLAIN the reason for the amendment of the law.

Current Article:

Every shareholder shall be entitled to review and duplicate the companys bylaw, the minutes of the shareholders meetings, the resolutions of the board of directors meetings, the resolutions of the board of supervisors meetings, as well as the financial reports. Every shareholder may request to review the accounting books of the company. Where a shareholder requests to review the accounting books of the company, it shall submit a written request, which shall state his motives. If the company, has the legitimate reason to believe that the shareholders requests to review the accounting books has an improper motive and may impair the legitimate interests of the company, it may reject the request of the shareholder to review the books and shall, within in 15 days after the shareholder submits a written request, give the shareholder a written reply, which shall include an explanation. If the company reject the request of any shareholder to review the accounting books, the shareholder may plead a peoples court to demand the company to open the books for his review.

Old article :

Every shareholder shall be entitled to review the minutes of the shareholders meetings as well as the financial reports.

please neeeeeed an answerrrrrrrr right nowwwwww !!!!

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