The article describes a plan to establish a World Code for international non-consumer contracts and deals with the parts of the Code which will cover the general part of the law of contract. The basis of the rules of the Code should be the Principles of European Contract Law and the Unidroit Principles of International Commercial Contracts both of which have borrowed many of their rules from The United Nations Convention on Contracts for the International Sale of Goods (CISG). The article also discusses the structure of this part of the code and the structure of the rules on failure to perform and non-performance (breach) of the contract, the interpretation of the Code and its relationship to national and international mandatory rules.
Print ISSN: 1614-9920
Volume: 1, 05/2005
Pages: 3 - 18