ROOTING THE CONCEPT OF CONTRACT ECONOMY IN FRENCH JURISPRUDENCE AND JUDICIARY: A COMPARATIVE ANALYTICAL STUDY

Abstract

The process of tracing the formation of contract economy as a legal concept entails searching for it in jurisprudence and the court. This notion is not new to them, and it is observed that it first arose in the Anglo-Saxon tradition. As for French jurisprudence, it lagged, unlike the court, which had a long history with this notion. It was used by the Paris Court of Appeal in the nineteenth century, which saw it as revealing the parties' same intent. As a prerequisite for adopting the theory of emergencies, it was also embraced by the French State Council when it evaluated the imbalance in the contract economy resulting from unanticipated unusual events. It was also used by the administrative judiciary to check the validity of altering administrative contracts to ensure that these adjustments do not impede the contract's economy or alter its purpose. In 1996, however, it started to expand in the Latin school, which was represented by French law. From a legal perspective, it was exposed in publications and research, and the phrase continued to be used afterward.