European Contract Law

European Contract Law refers to a set of principles and rules that guide how contracts are formed, executed, and enforced across European countries. It aims to create a harmonized framework, ensuring clarity and fairness in agreements, especially for cross-border transactions. Key aspects include contract formation, obligations of the parties, and remedies for breach. While individual countries maintain their own laws, initiatives like the Common European Sales Law propose a unified approach to simplify cross-border commerce, helping consumers and businesses navigate legal complexities in the European market.