Basic Principles of Civil Law
Civil law (legislation) is based on the fallowing main principles:
1. Equality,
2. Autonomy of will and property,
3. Independence of the participants of the relations
regulated by civil law,
4. The inviolability of ownership,
5. Freedom of contract,
6. Impermissibility of arbitrary interference by
anyone in private affairs,
7. The necessity of the unhindered exercise of civil
law rights,
8. The guaranty of restoration of violated rights and
their judicial protection.
Exercising
of the civil law rights by own will
Citizens and legal persons
acquire and exercise their civil law rights by their own will and in
their own interest.
Freedom of
contract
The participants of the
relations regulated by civil law are free in the establishment of their
rights and duties on the basis of contract and in determining any conditions of
contract not contradictory to legislation.
The limitation
of civil law rights can be realized only by the law
Civil law rights may be
limited only by statute, if this is necessary for the purpose of defending
state and societal security, social order, the health and morals of society,
the protection of the rights and freedoms, honor and good name of other
persons.
Free
movement of goods, services and financial assets
Goods, services and financial
assets may be freely moved.
The
limitation of movement of goods, services can be realized only by the law
Limitations of the movement of
goods and services may be introduced in accordance with statute if this
is necessary to guaranty safety, protection of the life and health of people,
preservation of nature and of cultural values.
Varuzhan Vardanyan
Attorney