Roots of the Roman Contract Law as the Foundation of Modern Contract Law

Description

This Skill Bit shows how Roman contract law, evolving from the early Republic to the Roman Empire, laid the groundwork for modern contract principles. Categorized into verbal, written, real, and consensual contracts, it emphasized mutual consent and good faith. The principle of consensus ad idem ensured agreement, while flexible formalities and remedies for breach highlighted its sophistication. Roman law’s legacy endures, influencing modern legal systems, particularly in civil law traditions, with its emphasis on fairness and equitable dealings.

Duration approx. 4 Min.

Tier: proficiency