THE OPTION AGREEMENT IN THE NEW ROMANIAN CIVIL CODE

Tudor Vlad Radulescu ()
Additional contact information
Tudor Vlad Radulescu: Faculty of Law, Alexandru Ioan Cuza University of Iasi, Romania

Perspectives of Law and Public Administration, 2012, vol. 1, issue 1, 260-267

Abstract: The Romanian Civil Code of 2009 introduces a new legal construct in the Romanian legal system, i.e. the option agreement, mainly taken from French law. This paper aims at highlighting the differences between the option agreement and other legal constructs which constitute acts preceding the conclusion of a contract and have already been discussed in the Romanian literature. Thus, we intend to offer a comparative view with reference to the offer to contract, as well as the unilateral and bilateral promises, highlighting the similarities and, especially, the differences between such constructs. Finally, we wish to draw attention to some confusions to be avoided with the introduction of the option agreement in the New Romanian Civil Code, as well as to some omissions or regrettable errors that the legislator of 2009 has failed to notice in the text of the code.

Keywords: New Romanian Civil Code; option agreement; promise; offer to contract (search for similar items in EconPapers)
JEL-codes: K12 (search for similar items in EconPapers)
Date: 2012
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.businesslawconference.ro/revista/artico ... dor%20Vlad%20Eng.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sja:journl:v:1:y:2012:i:1:p:260-267

Access Statistics for this article

More articles in Perspectives of Law and Public Administration from Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences) Contact information at EDIRC.
Bibliographic data for series maintained by Catalin-Silviu Sararu ().