Danish Contract Law governs agreements made between parties in Denmark. It is primarily based on the principles of freedom of contract, meaning that individuals can negotiate terms as they see fit, provided they do not violate laws or public policy. Contracts can be written or verbal, but certain agreements, like real estate transactions, must be in writing to be enforceable. The law emphasizes the importance of mutual consent and clear communication. If a party fails to fulfill their obligations, the other party may seek remedies such as damages or specific performance. Overall, Danish Contract Law aims to ensure fairness and predictability in contractual relationships.