Commensurate price reduction under the contract

The article analyzes the legal nature of an appropriate decrease in the price that is set in the contract. Analyses is based on Russian legislation, international legislation and established law enforcement approaches. Explained the unacceptability of confusing such authorities of a customer as the right to a commensurate reduction in price and the right to reimburse their rectification costs. A commensurate price reduction is used when the customer accepts improper execution without providing to the contractor an obligatory time to eliminate the flows. According to the principles and purposes of civil law, a commensurate reduction in the price of the contract presumes a reduction in price to the level of the objective market value of the product with deficiencies. A commensurate reduction in price ensures the recovery of the equivalence of economic relations and the balance of interests of the parties and does not allow the occurrence of unjust enrichment on the side of both the customer and the contractor.