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The creation of a European law contracts
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Standard terms are certainly important for cross-border transactions. The practical significance of boilerplate clauses may even outweigh that of the default rules of the laws governing these contracts. In a captivating triptych Professor Ewan McKendrick, Professor of English Private Law at the University of Oxford, discusses the significance of the standard terms in modern commercial contracts, the importance of the rules or principles applied by the courts when interpreting contractual documents and the significance of the regulation of standard terms within national legal systems, particularly by way of mandatory rules.
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Standard terms are certainly important for cross-border transactions. The practical significance of boilerplate clauses may even outweigh that of the default rules of the laws governing these contracts. In a captivating triptych Professor Ewan McKendrick, Professor of English Private Law at the University of Oxford, discusses the significance of the standard terms in modern commercial contracts, the importance of the rules or principles applied by the courts when interpreting contractual documents and the significance of the regulation of standard terms within national legal systems, particularly by way of mandatory rules.
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