consumer contracts under the Common European Sales Law (CESL). Design/methodology/approach – The new proposal for the CESL … resembles quite closely other global and European instruments and collections of rules on contracts, such as the CISG, PECL, and … DCFR. At a closer look, the concept of contract, and in particular the consumer contract, differences between the CESL and …

Consumer contracts diverge from the traditional paradigm of contract law in various conspicuous ways. They are pre … (i.e., consumers) do not read or understand them. Consumer contracts are thus useful in modern markets of mass production … contracts this Article develops a superior legal regime whereby sellers can obtain certification of a form contract by an …

-enforceable private contracts (regulation). However, because this mechanism is costly, its effectiveness depends on the aggregate …We relate the design of contract law to the process of development. In this paper, contract law defines which private … levels of effort and trading among agents. The solution to this problem requires a social contract which meets two conditions …

If a seller delivers a good non-conforming to contract, European and US warranty law allows consumers to choose between … some money transfer and termination. Termination rights are, however, widely criticized, mainly for fear that the buyer may … use non-conformity as a pretext for getting rid of a contract he no longer wants. We show that this possibility of …

Optional regulation of standard contract terms gives rise to several functional pecularities and to a number of … difficult systematic questions. More specifically, the present chapter deals with the draft rules on standard contract terms in … standard con-tract terms, including the draft provisions of the CESL. In a second step, we examine whether the CESL rules …

franchise contracts to opportunistically take over profitable establishments. This regulation may, however, reduce the total …States and the federal government have enacted laws intended to police franchisors' use of termination provisions in … number of chain outlets because franchising is a valuable form of contracting and termination rights allow franchisors to …