De Rode Bundel, het Groenboek en de Blauwe Knop Optioneel Instrument: Optie of Niet? (The Red Volume, the Green Paper and the Blue Button: Is the Optional Instrument an Option or Not?) (in Dutch)
HET GROENBOEK EUROPEES CONTRACTENRECHT: NAAR EEN OPTIONEEL INSTRUMENT?, M.W. Hesselink, A.A.H. van Hoek, M.B.M. Loos & A.F. Salomons, eds., pp. 53-81, Den Haag: Boom Juridische uitgevers, 2011
29 Pages Posted: 20 Jun 2011
Date Written: January 10, 2011
This paper argues that the Green Paper on European Contract Law contains only two real options. The first and most likely one - advocated by Lord Mance - is to do nothing. This would not mean that the DCFR will have no value: it will serve as a catalyst for comparative law and a default rule for legislators. The second and preferable option - maintained by many academics - is the Blue Button approach. And yes, of course the instrument should cover b2b contracts, both cross-border and internal transactions, and for the time being may be limited to the general part of contract law and sales law.
Note: Downloadable docuement is in Dutch.
Keywords: green paper, European contract law, optional instrument
JEL Classification: K12
Suggested Citation: Suggested Citation