Theories Of The Common Law Of Contracts (Stanford Encyclopedia Of Philosophy)

A written contract is a good idea even when writing is not needed because it gives a clear record of the terms and the parties’ explicit acceptance of them. This principle—called Promissory Estoppel—was initially narrowly construed by courts, so that it effectively applied only exactly where all the essential components of adequately promissory (and hence orthodox contract) obligation obtained, but a technical failure, normally of consideration, nevertheless prevented a contract from arising in the ordinary style.

Financial approaches to contract law similarly de-emphasized contract’s promissory roots and have had (at least in the United States) a significantly greater influence on both law and legal theory. Consequential damages are these damages which, despite the fact that not naturally flowing from a breach, are naturally supposed by both parties at the time of contract formation.

And this has rendered the grounds of contract uncertain, and contract itself vulnerable to encroachments from tort …


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Definition, Purpose, Varieties & Circumstances

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English Divorce Procedure

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The Centre for Legislation and Culture is an interdisciplinary hub for research on the intersections of regulation, justice, and the humanities, partaking legal research that spans subjects and themes from across vital and cultural legal studies and …

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