[France] NEW REGULATIONS APPLICABLE TO TERMS AND CONDITIONS

Law n°2012-387 of March 22nd 2012 on the simplification of the law and the reduction of administrative formalities has introduced modifications to the regulations applicable to the drafting of terms and conditions. Such law transposes European directive 2011/7/EU of February 16th 2011 on combating late payments in commercial transactions. These new regulations have been codified in articles L.441-3 …

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