Article 993. Freedom of contract
(1) Anyone may choose its contracting party freely unless the law provides otherwise.
(2) Contracting parties may, subject to mandatory legal provisions, freely enter into contracts and establish their contents.
(3) Unless the contrary is provided for under sanction of nullity, the contracting parties may, by way of a contract, derogate from those provisions contained in this book that relates to the rights, obligations, and other legal effects created by the contracts, including distribution of risk.
(4) Contracting parties may also derogate from the legal provisions contained in the other articles of this Code, in special laws, and other normative acts which relate to the rights, obligations, and other legal effects created by a contract, including the distribution of risks, unless the mandatory nature of the legal provision results, without any doubts, from the provision’s wording, content, or context.
(5) The legal provisions relating to limitation periods applicable to contractual rights may be derogated from solely under the terms of Article 393.
(6) If, for the protection of priority interests of the society or of an individual, the effects of a contract are contingent on the approval of the governmental authorities, such limitations, and contingencies need to be regulated by law.
(7) Nobody shall be obligated to enter into a contract, unless the obligation to contract is provided by law or if voluntarily undertaken.
(8) Parties may enter into nomminate, innominate and complex contracts.
▮ Online class analyzing the impact of Article 993 on freedom of contracts: