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Legal Theory & Systems - Contract as Promise: A Theory of Contractual Obligation

Description

Book Synopsis: Contract as Promise is a study of the philosophical foundations of contract law in which Professor Fried effectively answers some of the most common assumptions about contract law and strongly proposes a moral basis for it while defending the classical theory of contract. This book provides two purposes regarding the complex legal institution of the contract. The first is the theoretical purpose to demonstrate how contract law can be traced to and is determined by a small number of basic moral principles. At the theory level the author shows that contract law does have an underlying, and unifying structure. The second is a pedagogic purpose to provide for students the underlying structure of contract law. At this level of doctrinal exposition the author shows that structure can be referred to moral principles. Together the two purposes support each other in an effective and comprehensive study of contract law.

This second edition retains the original text, and includes a new Preface. It also includes a substantial new essay entitled Contract as Promise in the Light of Subsequent Scholarship--Especially Law and Economics which serves as a retrospective of the work accomplished in the last thirty years, while responding to present and future work in the field.

Details

Looking to gain a deeper understanding of contract law? Look no further than Contract as Promise: A Theory of Contractual Obligation. This groundbreaking book by Professor Fried challenges common assumptions about contract law and presents a compelling moral basis for it. Through a comprehensive exploration of the subject, this book effectively demonstrates how contract law is rooted in a small number of basic moral principles. By doing so, it not only provides a solid theoretical foundation but also offers a valuable resource for students looking to grasp the underlying structure of contract law.

But what makes this second edition even more valuable is the addition of a new essay that takes into account the latest research and developments in the field of contract law. The essay, titled Contract as Promise in the Light of Subsequent Scholarship--Especially Law and Economics, provides an insightful retrospective on the work accomplished over the last thirty years. This retrospective not only sheds light on past achievements but also addresses current and future advancements, ensuring that readers stay up-to-date with the latest developments in contract law.

If you're a law student, legal professional, or anyone interested in contract law, Contract as Promise: A Theory of Contractual Obligation is a must-read. Don't miss out on this opportunity to enhance your knowledge and understanding of contract law. Grab your copy today and delve into the moral foundations and underlying principles that shape this fascinating legal institution.

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