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PAGE
PAGE 1
THE PRINCIPLES
OF
EUROPEAN CONTRACT LAW
?
Prepared by
the Commision on European Contract Law
1999
text in English
Introduction to the Principles of European Contract Law
Prepared by
The Commission on European Contract Law
?
A businessman is negotiating a contract with a company in another State of the European Union, but neither party wishes to apply the law of the other country.A lawyer is advising parties to a contract involving parties in different States.An arbitrator has to decide a dispute under a contract to be governed by internationally accepted principles of law.A professor of law wants his students to gain an understanding of the way in which contracts are treated by the laws of the different States of the European Union, and to learn the common principles.A legislator is drafting a code or a statute on the law of contracts.An European Union official is drafting a new Directive affecting contracts.
All these need to know the principles of contract law shared by the legal systems of the Member States and to have a concise, comprehensive and workable statement of them. The Principles of European Contract Law Parts I and II HYPERLINK http://frontpage.cbs.dk/law/commission_on_european_contract_law/survey_pecl.htm \l note1#note1 (1), and part III HYPERLINK http://frontpage.cbs.dk/law/commission_on_european_contract_law/survey_pecl.htm \l note2#note2 (2) will provide this.
The Books are available with HYPERLINK Kluwer Law International see HYPERLINK mailto:sales@ sales@
You will find the text of the articles of Parts I-III in the third section below.
The Principles have been drawn up by an independent body of experts from each Member State of the European Union under a project supported by the European Commission and many other organisations. The principles are stated in the form of articles with a detailed commentary explaining the purpose and operation of each article. In the comments there are illustrations, ultra short cases
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