Lex contractus for specific contracts under the Rome I Regulation

Abstract

The choice of law in contract has emerged from three main factors the first factor is the place where contract is made, the performance of the contract and the nationality or the place where contract is made. The issue of choice of law in contract becomes more pertinent when there are number of connecting factors involved in the contract. This issue is very common in all countries and almost all countries have tried various methods to solve it out. Contracts are the foundation of economic activity. They are concluded in all shapes and sizes. In the case of cross-border contractual arrangements in particular, it is vital to determine which law applies to the contract It is also important to investigate whether general conditions also apply, and if so, which set will prevail if several sets have been declared applicable. It is vital to clearly lay down a choice of law and the applicability of general conditions in the agreement, so that no disputes may arise about this in the future.1 This article analyses the law applicable to specific contracts the European Union choice of law rules, such as contracts for carriage; certain consumer contracts; insurance contracts and individual employment contracts.