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Contract Theory : the Evolution of Contractual Intent by Dimatteo, Larry A. is a book available to read on EtoBox.

What is Contract Theory : the Evolution of Contractual Intent about?

Contract Theory examines the logical and conceptual structures that arise in the process of making, honoring, and enforcing contracts. The touchstone of Anglo-American contract law is the determination of contractual intent. Two theories have competed for center stage: the subjective theory of the meeting of the minds and the objective theory in which the parties' manifestations and the transaction's contextual factors became the means for contract interpretation and enforcement. The implementation of the objective theory of contract is the reasonable person standard. Larry DiMatteo focuses on the development, construction, and application of the reasonable person standard. He undertakes a study of the origins of the reasonable person in the disciplines of philosophy, theology, and psychology and concludes with an examination of the interplay between this objective standard and the subjectivity of judgment. The importance of the synthesis of the objective and subjective elements of contracts is crucial for a complete understanding of contract law.

Author

Dimatteo, Larry A.

Publisher

East Lansing: Michigan State University Press

Published

1998

Language

EN

ISBN

9780870134869

Subjects

Law, Philosophy