aftaleloven

Aftaleloven, the Danish Contracts Act, is a foundational piece of legislation governing the formation and validity of agreements in Denmark. It establishes the legal framework for how contracts are created, what constitutes a binding agreement, and the circumstances under which a contract may be deemed invalid. The law is primarily concerned with the principle of freedom of contract, meaning parties are generally free to agree on terms, but it also sets limits to protect parties from unfair or exploitative practices.

Key provisions within Aftaleloven address the offer and acceptance process, stipulating that an offer generally becomes binding once it has been communicated to the offeree and remains so for a reasonable period. Acceptance must be unequivocal and communicated within the specified timeframe or a reasonable time, otherwise, it may be considered a new offer. The law also details rules regarding the revocation of offers and acceptances, and the legal implications of silence or inaction.

Furthermore, Aftaleloven contains provisions related to the invalidity of contracts. It outlines grounds such as duress, fraud, undue influence, or situations where the contract is contrary to law or public policy. In such cases, the contract can be declared void or voidable, meaning it has no legal effect or can be set aside by the affected party. The act aims to ensure fairness and good faith in contractual dealings within the Danish legal system.