Markus Rehberg What Is the Basic Principle for the Understanding of Contracts?
© Medienservice, Universität Rostock
University of Rostock (Universität Rostock)Rostock, Germany
The University of Rostock is not only the oldest university in the Baltic Sea region and one of the oldest universities in Germany. The ceremonial opening of the university with a Faculty of Law, a Medical Faculty and the Facultas Artium took place on 12 November 1419 at Rostock’s St. Mary’s Church. Magister Petrus Stenbeke from Erfurt was elected as rector. He enrolled 160 students. The University of Rostock consists of nine traditional faculties and an additionel Interdisciplinary Fa-culty. The Interdisciplinary Faculty unities scientists and students of all disciplines in four major departments: ‘Life, Light and Matter‘, ‘Maritime Systems‘, ‘Ageing of the Individuals and of Society‘, and ‘Knowledge – Culture – Transformation‘. These departments represent the key research areas that have developed throughout the long tradition of the University, and contribute to honing the University’s profile through connecting its strengths by means of interdisciplinary and cross-curricular cooperation.
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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