Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code

In the Romanian private law, the option agreement is not a unilateral promise to sell, neither a variety of the unilateral promise to sell, but a contract with an option right. The option agreement is a contract with an option right, under which one of the parties shall undertake to stick to its off...

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Autor principal: Ilie,Urs
Lenguaje:English
Publicado: Pontificia Universidad Católica de Valparaíso. Escuela de Derecho 2013
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512013000100004
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spelling oai:scielo:S0718-685120130001000042014-09-09Option Agreement and the Promise to Contract as Established in the New Romanian Civil CodeIlie,Urs Option agreement Promise to contract New Romanian Civil Code In the Romanian private law, the option agreement is not a unilateral promise to sell, neither a variety of the unilateral promise to sell, but a contract with an option right. The option agreement is a contract with an option right, under which one of the parties shall undertake to stick to its offer to enter into a given contract, as he has already consented to that, whereas the other party, the beneficiary, shall be entitled to accept or refuse the offer; the use of the acceptance right is enough to enter into that contract. This article examines the status to which the contract is subject jn the new Romanian Civil Code.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Valparaíso. Escuela de DerechoRevista de derecho (Valparaíso) n.40 20132013-08-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512013000100004en10.4067/S0718-68512013000100004
institution Scielo Chile
collection Scielo Chile
language English
topic Option agreement
Promise to contract
New Romanian Civil Code
spellingShingle Option agreement
Promise to contract
New Romanian Civil Code
Ilie,Urs
Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
description In the Romanian private law, the option agreement is not a unilateral promise to sell, neither a variety of the unilateral promise to sell, but a contract with an option right. The option agreement is a contract with an option right, under which one of the parties shall undertake to stick to its offer to enter into a given contract, as he has already consented to that, whereas the other party, the beneficiary, shall be entitled to accept or refuse the offer; the use of the acceptance right is enough to enter into that contract. This article examines the status to which the contract is subject jn the new Romanian Civil Code.
author Ilie,Urs
author_facet Ilie,Urs
author_sort Ilie,Urs
title Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
title_short Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
title_full Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
title_fullStr Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
title_full_unstemmed Option Agreement and the Promise to Contract as Established in the New Romanian Civil Code
title_sort option agreement and the promise to contract as established in the new romanian civil code
publisher Pontificia Universidad Católica de Valparaíso. Escuela de Derecho
publishDate 2013
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-68512013000100004
work_keys_str_mv AT ilieurs optionagreementandthepromisetocontractasestablishedinthenewromaniancivilcode
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