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Contract Law 1/2/3

Contract Law

Contract Law


Kartei Details

Karten 42
Sprache English
Kategorie Recht
Stufe Universität
Erstellt / Aktualisiert 28.12.2019 / 15.01.2024
Lizenzierung Keine Angabe
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How should a contract be established?

  1.  Contracts concluded voluntarily
  2.  Provided Information requirements 
  3.  Benefit of both parties/allocation of resources  

What is an "efficient breach of contract" in common law?

In common law countries, breach of contract is committed sometimes to increase profit.

What is the CISG?

It is a international sales law that governs contracts for the sale of goods that are between sellers and buyers whose places of business are in different countries that have made the CISG part of their law.

What are the 4 freedom's of the contract law?

  1. Freedom to conclude the contract
  2. Freedom to choose the contractual partner
  3. Freedom of formality
  4. Freedom to establish the contract‘s content