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From Promise to Contract - Towards a Liberal Theory of Contract (Hardcover, Revised Ed.)
Loot Price: R2,849
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From Promise to Contract - Towards a Liberal Theory of Contract (Hardcover, Revised Ed.)
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Liberal theory of contract is traditionally associated with the
view according to which contract law can be explained simply as a
mechanism for the enforcement of promises. The book bucks this
trend by offering a theory of contract law based on a careful
philosophical investigation of not only the similarities,but also
the much-overlooked differences between contract and promise.
Drawing on an analysis of a range of issues pertaining to the moral
underpinnings of promissory and contractual obligations, the
relationships in the context of which they typically feature, and
the nature of the legal and moral institutions that support them,
the book argues for the abandonment of the over-simplified notion
that the law can systematically replicate existing moral or social
institutions or simply enforce the rights or the obligations to
which they give rise, without altering these institutions in the
process and while leaving their intrinsic qualities intact. In its
place the book offers an intriguing thesis concerning not only the
relationship between contract and promise, but also the distinct
functions and values that underlie contract law and explain
contractual obligation. In turn, this thesis is shown to have an
important bearing on theoretical and practical issues such as the
choice of remedy for breach of contract, and broader concerns of
political morality such as the appropriate scope of the freedom of
contract and the role of the state in shaping and regulating
contractual activity. The book's arguments on such issues, while
rooted in distinctly liberal principles of political morality,
often produce very different conclusions to those traditionally
associated with liberal theory of contract, thus lending it a new
lease of life in the face of its traditional as well as
contemporary critiques.
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