Harmonisation of contract laws in ASEAN: Completeness of contract

Abstract

© 2016 International Information Institute. This documentary research aims to compare and analyze the different contract laws of 10 ASEAN countries under the issues of Completeness of Contract. The research is carried out by surveying and collecting data from Contract Laws in ASEAN, Principles of European Contract Law (PECL) and International Institute for the Unification of Private Law (UNIDROIT). It was found that each member country classifies definitions and completeness differently. However, they all share similar general principles. Consequently, it is possible to harmonise ASEAN contracts as this study has presented contract laws by adhering to Basic Principles of ASEAN Contract Law (BPACL), of which when compared with PECL and International Institute for the UNIDROIT was found to correspond to each other.