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The UNIDROIT Principles And The Principles Of European Contract Law

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Chapter Summary

The origins and preparation of the &t;Principles of European Contract Law&t; (hereafter &t;European Principles&t;) were largely similar to those of the UNIDROIT Principles. The absence of comparative notes in the UNIDROIT Principles has been criticised on the ground that the indication of the national precedents for the solutions adopted in the UNIDROIT Principles would have conferred on them greater authoritative character. At first sight it may seem surprising that such similar instruments as the UNIDROIT Principles and the European Principles could have been elaborated more or less contemporaneously. In actual practice the UNIDROIT Principles and the European Principles have never overlapped so far but have played equally important, though not interchangeable, roles.

Keywords: European Contract Law; UNIDROIT Principles



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