The Way Forward in European Contract Law
Dirk Staudenmayer
Abstract
Dirk Staudenmayer
Abstract
The Commission has gone one step further on its way to a coherent European contract law. The Communication ?European contract law and the revision of the acquis: the way forward? shows this already in its title. The Communication deals in particular with the development of the Common Frame of Reference which will serve as a tool to review and revise the contract?law?relevant EC acquis. In addition, it also develops some parameters for the discussion on future optional instruments in European contract law which the contractual parties can choose as the applicable law for cross?border contracts.
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The Commission has gone one step further on its way to a coherent European contract law. The Communication ?European contract law and the revision of the acquis: the way forward? shows this already in its title. The Communication deals in particular with the development of the Common Frame of Reference which will serve as a tool to review and revise the contract?law?relevant EC acquis. In addition, it also develops some parameters for the discussion on future optional instruments in European contract law which the contractual parties can choose as the applicable law for cross?border contracts.
Key concepts: European commission, Law, Privity of contract, Exclusion clause, Commission, Business, Common law, Private law