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Boilerplate - The Foundation of Market Contracts (Hardcover, New)
Loot Price: R1,859
Discovery Miles 18 590
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Boilerplate - The Foundation of Market Contracts (Hardcover, New)
Expected to ship within 10 - 15 working days
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Boilerplate, the fine print of standard contracts, is more
prevalent than ever in commercial trade and in electronic commerce.
But what is in it, beyond legal technicalities? Why is it so hard
to read and why is it often so one-sided? Who writes it, who reads
it, and what effect does it have? The studies in this volume
question whether boilerplate is true contract. Does it resemble a
statute? Is it a species of property? Should we think of it as a
feature of the product we buy? Does competition improve
boilerplate? Looking at the empirical reality in which various
boilerplates operate, leading private law experts reveal subtle and
previously unrecognized ways in which boilerplate clauses encourage
information flow, but also reduce it; how new boilerplate terms are
produced, and how innovation in boilerplate is stifled; how
negotiation happens in the shadow of boilerplate, and how it is
subdued. They offer a new explanation as to why boilerplate is
often so one-sided. With emphasis on empiricism and economic
thinking, this volume provides a more nuanced understanding of the
'DNA' of market contracts, the boilerplate terms.
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