The concept of price in the new Romanian Civil Code: a comparative-critical approach

Abstract

The present study focuses on the concept of price in Romania's New Civil Code, bearing in mind the diverging jurisprudential traditions of European law. In this sense, as it shall be established further, the present Romanian rules concerning the price offer an interesting perspective regarding the possibility of synchronising various theories of contract law - i.e. aristotelic-finalistic and voluntaristic. However, the sometimes faulty manner in which the proposed „reform" of Civil Law was carried out in Romania, also provides the image of a not so rigorous and systematic approach toward the concept of price, leaving this particular element of the contract in an uncertain position which needs further praetorian determinations.