JUNCTO: Jurnal Ilmiah Hukum
Vol 5, No 2 (2023): JUNCTO : Jurnal Ilmiah Hukum Desember

The Principle of Freedom of Contract in Commercial Agreements: Are Limitations Needed?

Agustini, Shenti (Unknown)
Jaya, Febri (Unknown)
Agustianto, Agustianto (Unknown)



Article Info

Publish Date
26 Dec 2023

Abstract

The principle of freedom of contract is one of the principles in an agreement where the parties can determine for themselves the form of the agreement that will be made. However, by implication, this principle reaps many injustices. One form of implementation of this principle is standard agreements made in the business world. Standard agreements are only made unilaterally so they have the potential to cause injustice. This research aims to analyze whether or not restrictions are necessary in the principle of freedom of contract. The research method used is normative juridical. The theoretical basis used is Economic Democracy Theory. The research results show that the principle of freedom of contract has resulted in a lot of injustice, for example, standard agreements are made in the business world for time efficiency but do not involve the parties in making them, so there are parties whose position is very weak in the agreement. This is not by the theory of economic democracy which should provide prosperity for all, not just certain parties. Therefore, it is necessary to limit the principle of freedom of contract.

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Journal Info

Abbrev

juncto

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

JUNCTO: Jurnal Ilmiah Hukum is a Journal of Law for information and communication resources for academics, and observers of Business Law, International law, Criminal law, and Civil law. The published paper is the result of research, reflection, and criticism with respect to the themes of Business ...