HANDOUT – An Overview on Ancient Contract Laws

Description

HANDOUT

This course explores the evolution of contract law from ancient times, emphasizing the roots in Mesopotamian and Roman legal frameworks, the medieval Lex Mercatoria, and the differentiation of common and civil law traditions. Significant developments during the Industrial Revolution and modern regulatory adjustments, such as consumer protections and international harmonization, illustrate how contract law has adapted to societal changes, balancing freedom and fairness in legal agreements.