The conventional wisdom is that property rules induce more (and more efficient) contracting, and that when faced with rigid property rules, intellectual property owners will contract into more flexible liability rules. A series of recent, private copyright deals show some intellectual property...

This article presents and analyzes the law pertaining to the Buyer's power to avoid (terminate) an international sales contract for breach of contract by the seller.Avoidance (or ldquo;terminationrdquo;) of the contract is the most extreme measure a party may take in response to a breach of...

This essay studies the availability of market-based damages for breach of contract as a substitute for standard expectation damages in the law of international sales. It focuses on two major contractual regimes: the UN convention on Contracts for the International Sales of Goods, 1980 (CISG) and...

In the legislation of countries in the system of ″common law″, the commission contract is brought under regulation differently, depending on the principle that has been adopted, regarding the extent to which it is permitted the establishment of certain legal effects in the relationships...

Many contracts provide for a right of one or all parties to terminate the contract either at any time or under certain conditions. Long-term contracts such as leases and employment contracts often provide for either party's right to terminate the contract by giving notice. Where a contracting...

The progressive automation of the contracting process has led to a revival of theories that question the validity of contracts formed with the assistance of computers. Purportedly, once statements are not only transmitted but also generated by computers, the latter ‘deserve' legal personhood...

This article points out that procurement law is likely to have the side effect of hindering the development of IPPP contracts by introducing uncertainties regarding IPPP contracts´ classification for the purpose of its procurement. Keeping in mind the Commission´s policy of promoting IPPP...

This Article argues that lawmakers ought to recategorize inheritance law and contracts law as cognate bodies of doctrine within a larger genus of transfers law. The Article proceeds to examine comparatively the justifications for freedom of contracts and freedom of testation, concluding that...

This short chapter, written for The New Palgrave Dictionary of Economics and the Law (1998), offers an economic analysis of quasi contracts, in their broad, civil-law definition. All quasi-contractual exchanges can be seen as coerced transactions between private parties, either in the form of...

By tradition, gifts, wills, and contracts are formalized according to protocols established within each legal category. This Article examines the policies that underlie these "formalizing rules" and concludes that the utility of those rules depends fundamentally on the background conditions...