Article 1.101 of the Principles of European Contract Law states that the Principles will apply in contract disputes when:

Question

Quizplus · Accepted Answer

The Principles of European Contract Law will apply in contract disputes when either A) the parties select them as their choice of law or B) when the contract is to be governed by general principles of law or the lex mercatoria. Option C is incorrect as it is not a requirement for both parties to be from European countries for these principles to apply.

Article 1101 of the Principles of European Contract Law States That