LAW224   Advanced Contract: Contract Theories in a Commercial Perspective   (20 credits)

Description

This module seeks to give students an overview of the various theories of contract law and their influence on the law relating to commercial contracts. Having provided an introduction to the classical theories of contract law it will then consider competing theories such as contracts as obligation, economic perspectives on contract law, expectational and relational theories of contract law and contract as formalism or realism. Judicial attitudes to commercial contracts will be considered in the light of these different theoretical perspectives. In doing so topics such as the construction of commercial contracts, standard form contracts, and harmonisation attempts in respect of commercial contract law will be considered.

Reading List