The American system is based neither on a Civil Code nor on commercial law. Very little is based on written statutory law; the system is almost completely ruled by judicial decisions in individual cases (case law). All fifty states have different case law, so that the rules of one state might be quite different than the rules of its neighbor. Minimum wage regulations and non-compete clauses are a good example. As a result, a company must regulate everything by contract itself, which leads to long texts which are often difficult to understand for the layman. Because of its significant relevance to daily business operations, contractual risk management is an area of extreme importance and practical consequence in the United States.
Please contact us if you need support for the adaptation of contractual documents. (Contact: gfue@american-trade.org).