The Principles of European Contract Law is a set of model rules drawn up by leading contract law academics in Europe. It attempts to elucidate basic rules of contract law and more generally the law of obligations which most legal systems of the member states of the European Union hold in common. The Principles of European Contract Law (PECL) are based on the concept of a uniform European contract law system, and were created by the Commission on European Contract Law (“Lando Commission”). The PECL take into account the requirements of the European domestic trade.
Read more about Principles Of European Contract Law: Definition, See Also
Famous quotes containing the words principles of, principles, european, contract and/or law:
“Struggle is the father of all things.... It is not by the principles of humanity that man lives or is able to preserve himself above the animal world, but solely by means of the most brutal struggle.”
—Adolf Hitler (18891945)
“Unless democracy is to commit suicide by consenting to its own destruction, it will have to find some formidable answer to those who come to it saying: I demand from you in the name of your principles the rights which I shall deny to you later in the name of my principles.”
—Walter Lippmann (18891974)
“What is the first thing that savage tribes accept from Europeans nowadays? Brandy and Christianity, the European narcotics.And what is it that most rapidly leads to their destruction?The European narcotics.”
—Friedrich Nietzsche (18441900)
“A good businessman never makes a contract unless hes sure he can carry it through, yet every fool on earth is perfectly willing to sign a marriage contract without considering whether he can live up to it or not.”
—Dalton Trumbo (19051976)
“Nor has science sufficient humanity, so long as the naturalist overlooks the wonderful congruity which subsists between man and the world; of which he is lord, not because he is the most subtile inhabitant, but because he is its head and heart, and finds something of himself in every great and small thing, in every mountain stratum, in every new law of color, fact of astronomy, or atmospheric influence which observation or analysis lay open.”
—Ralph Waldo Emerson (18031882)