contestada

What is a difference between the contracts drafted in a common law framework and those in a civil law system

Respuesta :

Answer:

In a common law system, judicial decisions are binding. ... A civil law system is generally more prescriptive than a common law system. There is definitely less freedom of contract than in a common law system.

In comparison to civil law systems, contracts written in a common-law framework are typically shorter and less detailed.

What are Contracts?

An agreement between private parties that creates mutually enforceable legal obligations is known as a contract. A genuine offer and acceptance, sufficient consideration, capability, and legality are the fundamental components needed for an agreement to constitute a binding contract with legal standing.

Thus, In the contrast to civil law systems, the resolution of contract disputes in common law systems typically involves more confrontation. A common law system is more affordable than a civil law one for contract drafting.

Learn more about Contracts here:

https://brainly.com/question/2669219

#SPJ2