Podcast
Questions and Answers
What is private law?
What is private law?
Private law governs all relationships between individuals or legal persons.
Which areas are included under private law as discussed in the lecture?
Which areas are included under private law as discussed in the lecture?
Private law governs relationships between individuals and entities.
Private law governs relationships between individuals and entities.
True
What does Tort Law deal with?
What does Tort Law deal with?
Signup and view all the answers
Match the following areas of law to their descriptions:
Match the following areas of law to their descriptions:
Signup and view all the answers
What is a significant influence of the BGB (Buergerliches Gesetzbuch)?
What is a significant influence of the BGB (Buergerliches Gesetzbuch)?
Signup and view all the answers
What is the French Civil Code also known as?
What is the French Civil Code also known as?
Signup and view all the answers
What is a contract?
What is a contract?
Signup and view all the answers
What type of contract involves a promise in exchange for a promise?
What type of contract involves a promise in exchange for a promise?
Signup and view all the answers
What is an example of a unilateral contract?
What is an example of a unilateral contract?
Signup and view all the answers
Contract law ensures that agreements are unenforceable.
Contract law ensures that agreements are unenforceable.
Signup and view all the answers
Match the following types of contracts with their description:
Match the following types of contracts with their description:
Signup and view all the answers
Contract law is essential for the __________ economy.
Contract law is essential for the __________ economy.
Signup and view all the answers
What are formal sources of law in contract law?
What are formal sources of law in contract law?
Signup and view all the answers
Which of the following is an example of soft law?
Which of the following is an example of soft law?
Signup and view all the answers
Study Notes
Comparative Approach
- Private law is approached differently in different jurisdictions.
- Countries have unique laws, case law and interpretations.
- Focus will be on European jurisdictions with international influence.
- There are similarities, but also key differences between legal systems.
- The course will use a comparative approach by focusing on English, German and French law.
English Law
- Refers to the law applicable in England and Wales.
- Often chosen as the choice of law due to historical relevance and commercial reasons.
- Seen as "pro-business" and pragmatic due to judge-made law.
- Most relevant legal sources are Court judgments and Statutes.
German Law
- The BGB (Buergerliches Gesetzbuch) is a key legal text influential in many countries including the Netherlands, Japan, China, South Korea, Greece and Portugal.
- Vague norms in the BGB give judges more flexibility in interpreting and applying the law.
French Law
- The French Civil Code (Napoleonic Code) is highly influential globally.
- The Code Civil has shaped laws in European countries, Latin America and parts of North America.
Law of Obligations
- Governs relationships between individuals and entities including B2B, C2C & B2C.
- Includes contract law and tort law.
Contract Law
- Contract law governs binding agreements and obligations between parties.
- Key aspects include: creation, validity, interpretation, termination and enforcement.
Tort Law
- Deals with civil wrongs (damages) arising out of non-contractual obligations.
Introduction to Contract Law
-
Contract law is the area of law that governs legally binding agreements between parties.
-
A contract establishes obligations between parties that are enforceable by the law.
-
Failure to adhere to these obligations may result in penalties or remedies for the harmed party.
Importance of Contract Law
-
The development of a market economy, particularly the transition from agrarian to industrial models, fostered the growth of contract law.
-
Liberalism, upholding individual rights to shape their own lives, further emphasized the need for enforceable agreements.
-
Contract law ensures societal functionality by making agreements legally binding, allowing individuals to create their own agreements without state intervention.
Types of Contracts
-
Business to Business (B2B): Contracts where both parties are businesses.
- Bilateral Contract: A promise is exchanged for another promise (e.g., a sale of a bicycle).
- Examples: Employment Contracts, Agency, Banking, Carriage by Air, Carriage by Sea, Competition Law, Construction Contracts, Credit & Security, Employment, Intellectual Property, IT & E-Commerce, Insurance, International Sale of Goods, Sale of Securities, Sale of Land, Landlord and Tenants, Marriage.
-
Business to Consumer (B2C): Contracts between a business and an individual consumer.
- Unilateral Contract: A promise is exchanged for an action (e.g., a reward offered for finding a lost object).
-Consumer to Consumer (C2C): Contracts between two individual consumers. - Unilateral Contract: A promise is exchanged for an action (e.g., a reward offered for finding a lost object).
Sources of Contract Law
-
Party Agreements:
- Standard form contracts: Pre-written agreements with general terms.
- General terms: Established conditions within written agreements.
-
Formal Sources:
- National law: Legal systems like civil or common law.
- Default rules: Rules used when a contract lacks provisions.
- Facilitative rules: Rules intended to assist parties in making their own agreements.
- Mandatory rules: Rules that cannot be overridden by agreement.
- Regional Law: EU Law for example.
- International Law: e.g., CISG (United Nations Convention on Contracts for the International Sale of Goods).
-
Informal Sources:
- Non-state organizations: e.g., Principles, Restatements.
- Academics
- Non-binding soft law
Examples of Supranational Contract Law
-
European Law: (Article 114 TFEU)
- Directs on defective products, self employed commercial agents, package travel, unfair terms consumer contracts, sale consumer goods, electronic commerce, distance marketing, credit arrangements for consumers, timeshare and consumer rights.
-
International Law:
-
CISG (Vienna, 1980):
- United Nations Commission on International Trade Law
- Applies to contracts for the sale of goods between parties with places of business in Contracting States (85 parties).
-
CISG (Vienna, 1980):
Examples of International/Regional Soft Law - Principles
-
**European Commission's ** Draft Common Frame of Reference (DCFR)
-
UNIDROIT Principles of International Commercial Contracts (PICC):
- International Institute for the Unification of Private Law (UNIDROIT).
-
Commission on European Contract Law Principles of European Contract Law (PECL):
-
Organisation pour l’Harmonisation en Afrique du Droit des Affaires (OHADA): Uniform Act Relating to General Commercial Law.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
This quiz explores the comparative approach to private law across different jurisdictions, focusing on English, German, and French legal systems. Learn about their unique features, influences, and applications as we delve into the similarities and differences present in each system.