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Reliance in the Breaking-Off of Contractual Negotiations - Trust and Expectation in a Comparative Perspective (Hardcover)
Loot Price: R2,297
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Reliance in the Breaking-Off of Contractual Negotiations - Trust and Expectation in a Comparative Perspective (Hardcover)
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This book explores the theoretical basis of precontractual
liability for the unilateral breaking-off of negotiations from a
comparative perspective. It argues that, in the selected civil law
jurisdictions (Germany, France and Chile), the true basis of this
liability is the notion of 'reliance' and it distinguishes two
dimensions of reliance: 'trust-based' and 'expectation-based'. For
the selected civil law jurisdictions it can be observed that
trust-based reliance merges with the general principle of good
faith and that the expectation dimension emanates from the
trust-dimension. Therefore, Reliance in the Breaking-Off of
Contractual Negotiations argues that this innovative theoretical
approach to the foundations of precontractual liability could have
important practical consequences in jurisdictions that do not
embrace a general principle of good faith, such as English law. If
the analysis is shifted from good faith to the notion of reliance,
English law could develop a less fragmented approach and encompass
cases that are currently devoid of protection. How legal changes
could be implemented without establishing a general principle of
precontractual liability is explored in the final chapter of the
book. In a constantly evolving world where international trade is
ever-growing, precontractual liability, particularly for breaking
off negotiations, is a topic of constant development by legal
scholars and the judiciary and of increasing importance for
practitioners, judges and academics, with significant consequences
for negotiating contracts both at a national and at a transnational
level.
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