In France, an odd contract is said to form simply on the basis of a “meeting of the minds” or a “concurrence of wills”. Their ‘abstraction precept’ implies that the private obligation of contract forms individually from the title of property being conferred. When contracts are invalidated for some cause (e.g. a car purchaser is so drunk that he lacks legal capacity to contract) the contractual obligation to pay can be invalidated separately from the proprietary title of the car. Unjust enrichment law, rather than contract law, is then used to revive title to the rightful owner. The most outstanding … Read More