Often referred to as freedom to contract.
In Suisse Atlantique, the court refered to:
"... the general principle of English law that parties are free to contract as they may see fit."
In Printing and Numerical Registering, Justice Jessel described the principle as follows:
"... men of full age and competent understanding shall have the utmost liberty of contracting and ... their contracts when entered into freely and voluntarily shall be enforced by courts of justice."
The courts will not recognize or enforce a contract for the perpetration of an illegal act or failure to perform a legal duty or, generally, any purpose which is deemed to be contrary to public policy.
French: liberté contractuelle.
REFERENCES:
- Duhaime, Lloyd, Contract Law
- Printing and Numerical Registering Co. v Sampson (1875) 19 Eq. 462
- Suisse Atlantique v NV Rotterdamsche (1967) 1 AC 361