Contract Law Now - Reality Meets Legal Fictions

  title={Contract Law Now - Reality Meets Legal Fictions},
  author={Danielle Kie Hart},
Modern contract law is designed to achieve a fundamental objective, namely, to ensure that voluntary agreements between private parties are legally binding. The appropriateness of this objective and the assumptions underlying it are rarely questioned. Legal scholars, practitioners, and policymakers alike presuppose that the binding-nature of contracts is a desirable and a positive feature of our legal system. But are the assumptions underlying the modern contract system sound? Do people behave… CONTINUE READING

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