Reform of contract law - The formation of the contract (3/5)
Pre-contracts: unilateral promise and preference pact: some notable new features or clarifications
· Unilateral promise (article 1124)
Definition: contract by which one party, the promisor, grants to the other, the beneficiary, the right to opt for the conclusion of a contract whose essential elements are determined, and for the formation of which only the consent of the beneficiary
Consecrated mandatory nature (definitive abandonment of the Godard case law of 1993): the beneficiary of the promise can exercise the option (during its term) and have the conclusion of the resulting contract recorded, even if the promisor has previously (…)