DANCEST 805 Lecture Notes - Lecture 12: United Nations Convention On Contracts For The International Sale Of Goods, Bound 2, Soft Law

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25 Sep 2020
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A set of rules and principles that governs transactions among parties, thereby setting the rights and obligations of these parties. Intention to be legally bound: offer, acceptance, consideration, legality / morality. Rules made by the contracting parties: freedom of contract, parties are free to decide whether they want to contract. Official national, european and supranational rules: default and mandatory rules, often parties only discuss essential parts of contract. The law provides default rules that apply if no other agreements have been made. For invalid or law-contradicting contracts there are mandatory rules that declare such contracts invalid: national rules, contract law produced by legislature and courts. In civil law countries (france, germany), contract law is found in the civil. Convention on contracts for the international sale of goods (cisg), If two business men from two of the agreeing countries contract, their contract is governed by the rules of the cisg.

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