IDEAS home Printed from
   My bibliography  Save this article

Contractual Freedom and its Limitations


  • Lucia Uta

    () ("Dimitrie Cantemir" Christian University)


Parties’ freedom of will is expressed through the following three principles: 1. contractual freedom; 2. the binding power of the contract; and 3. the relativity of the contract’s effects. The parties are free to contract or not, to choose the other contracting party and to determine the content of the contractual clauses. The principle of mutual consent appears as a corollary of the freedom of will principle. According to this principle, the parties’ simple manifestation of will is sufficient to form a valid contract.

Suggested Citation

  • Lucia Uta, 2010. "Contractual Freedom and its Limitations," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 2(4), pages 74-78, December.
  • Handle: RePEc:khe:journl:v:2:y:2010:i:4:p:74-78

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Freedom of will; contractual freedom; public order and morals; freedom of form;

    JEL classification:

    • K29 - Law and Economics - - Regulation and Business Law - - - Other


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:2:y:2010:i:4:p:74-78. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.