Who will be considered accountable for the losses, in the cases where suppliers are not able to meet customers’ order and delivery obligations, due to COVID-19 outburst?
Cyprus was praised by major countries for its immediate reaction to the virus pandemic outbreak and have pronounced the island as one of the few safe destinations who managed to contain the spread of the virus and had only few Covid-19 patients of its overall population.
Indeed, the measures imposed by the Governments, on a global level, to prevent the spread of the COVID-19 have, inevitably, caused the interruption of everyday procedures followed by organizations internationally.
COVID-19 undoubtedly impacted and will continue impacting, for an unknown period, traditional day to day businesses and transactions around the world. Businesses are trying to cope with the urgent need of transitioning their operations remotely and online.
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