The Unilateral Promise to Enter a Contract

Diana Geanina Ionas ()
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Diana Geanina Ionas: Transylvania University of Brasov, Romania

RAIS Conference Proceedings 2022-2024 from Research Association for Interdisciplinary Studies

Abstract: The conclusion of a contract can occur in a spontaneous manner, by unequivocally accepting an offer, or preceded by negotiation between parties, whether extensive or simpler. Within these negotiations, the parties can conclude certain preparative contracts which precede the conclusion of the main contract. Among these is the unilateral promise to enter a contract. In practice, it is often difficult to choose between the options provided by the lawmaker so that the document is an accurate expression of the parties’ will. Therefore, legal construction requires clear and precise theoretical approaches that establish the validity conditions, the nature, and legal effects of the contract to efficiently protect the parties. The current paper presents an extensive study of the unilateral promise to enter a contract, from a historical perspective, by pointing out and commenting on the controversial aspects of specialty literature. By using the comparative method, the paper describes the institution of the unilateral promise to enter a contract in relation to other systems of law, thus being a useful tool for both doctrinarians and practitioners.

Keywords: negotiations; contract; legal nature; conditions; effects; compared law (search for similar items in EconPapers)
Pages: 8 pages
Date: 2023-04
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Published in Proceedings of the 31st International RAIS Conference on Social Sciences and Humanities, April 6-7, 2023, pages 110-117

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Persistent link: https://EconPapers.repec.org/RePEc:smo:raiswp:0265

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