Markus Rehberg What Is the Basic Principle for the Understanding of Contracts?
© Medienservice, Universität Rostock
University of Rostock (Universität Rostock)
Founded in 1419, University of Rostock displays a long history of research and education in its nine faculties. Tradition and innovation are the trademarks of our almost 600-year history. Hence, it was not only one of the oldest German universities, but at the same time the oldest in the entire Baltic Sea region and – except for the British Isles – in all of northern Europe. Today the University of Rostock offers fascinating perspectives into nearly all scientific fields. About 14.000 students have enrolled at our university. The university offers 130 study courses in seven fields of study. Some years ago, this university started a unique kind of institution, the 'Interdisciplinary Faculty'. This faculty is based on four profile lines „Life, Light and Matter“, „Maritime Systems“, „Aging of Individuals and Society“, and „Knowledge – Culture – Transformation. With these research fields in the areas of natural and technological sciences, medicine, life sciences, humanities and cultural studies we decided to further sharpen the university’s profile. (Source: University of Rostock)
The research presented in this video deals with the understanding of contracts and contract law. As MARKUS REHBERG explains, the main focus of contract law so far has been the moment of conclusion between the contracting parties, but a basic principle to fully comprehend the nature of contracts is still missing. He suggests to use the “justification principle”, outlined in the video, to solve this problem and explains how this new concept sheds light on the design of contracts.
LT Video Publication DOI: https://doi.org/10.21036/LTPUB10036
Das Rechfertigungsprinzip – Eine Vertragstheorie
- Markus Rehberg
- Published in 2014