%0 Journal Article
%T The Unidroit Principles of Contract Law; Is There Room for Their Inclusion into Domestic Contracts?
%A Bruno Zeller
%J Journal of Law and Commerce
%D 2008
%I University Library System, University of Pittsburgh
%R 10.5195/jlc.2008.37
%X When the UNIDROIT Principles (the Principles) were published in 1994 they were considered to be ¡°soft law¡± and hence not binding on the courts. However, these principles have demonstrated that they are offering concrete and worthwhile solutions and arguably are a move forward in harmonizing and unifying contract laws. Indeed, the intention of the UNIDROIT Working Groups was to ¡°develop a set of norms best suited to accommodate the needs of the international commercial community.¡± The Principles themselves argue that it reflects ¡°concepts to be found in many, if not all, legal systems.¡± As a result the Principles are not: ¡°a rigid and limitative legal source but instead leave considerable room for flexibility, either to accommodate specific provisions to further individual parties¡¯ interest in their private dealings, or to promote national trade and economic policies. This makes the Principles a unique tool to be adapted into any contract and arguably protect the parties¡¯ just expectations arising from their contract.
%U http://jlc.law.pitt.edu/ojs/index.php/jlc/article/view/37