The Principles of European Contract Law and the Harmonization of Private Law in Europe
15 Pages Posted: 30 Aug 2005
The Principles of European Contract Law (PECL) are explored from a viewpoint of their practical application. It is asserted that the main use of the PECL lies in their being an optional model to be chosen by commercial contracting parties in Europe.
Keywords: European private law, comparative law, contract law
JEL Classification: K12
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