The UNIDROIT Principles are similar to U.S. law in that they do not assign any pre-contractual liability to parties during negotiations.

Question

Quizplus · Accepted Answer

The UNIDROIT Principles do assign pre-contractual liability under certain conditions, recognizing the concept of culpa in contrahendo, which can make a party liable for failing to negotiate in good faith or breaking off negotiations unjustifiably. This is different from the general approach in U.S. law, where there is typically less emphasis on pre-contractual liability.

The UNIDROIT Principles Are Similar to U