Hidden Bibliographic Details
ISBN: | 9781139108171 1139108174 9781461950608 1461950600 9781107468276 1107468272 1107460735 9781107460737 1139890875 9781139890878 1107471907 9781107471900 9781107021075 1107021073 9781107464803 1107464803
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Notes: | Includes bibliographical references and index. English. Print version record.
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Summary: | Commercial contract law is in every sense optional given the choice between legal systems and law and arbitration. Its 'doctrines' are in fact virtually all default rules. Contract Law Minimalism advances the thesis that commercial parties prefer a minimalist law that sets out to enforce what they have decided - but does nothing else. The limited capacity of the legal process is the key to this 'minimalist' stance. This book considers evidence that such minimalism is indeed what commercial parties choose to govern their transactions. It critically engages with alternative schools of thought, that call for active regulation of contracts to promote either economic efficiency or the trust and co-operation necessary for 'relational contracting'. The book also necessarily argues against the view that private law should be understood non-instrumentally (whether through promissory morality, corrective justice, taxonomic rationality, or otherwise). It sketches a restatement of English contract law in line with the thesis.
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Other form: | Print version: Morgan, Jonathan (Jonathan Edward). Contract law minimalism. 9781107021075 1107021073
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