Contract creep

Scholars and judges think they can address the multiple purposes and values of contract law by developing different doctrinal regimes for different transaction types. They think if we develop one track of contract doctrine for sophisticated parties and another for consumers, we can build a better wo...

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Veröffentlicht in:The Georgetown law journal 2019-05, Vol.107 (5), p.1277-1322
Hauptverfasser: Kastner, Tal, Leib, Ethan J
Format: Artikel
Sprache:eng
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Zusammenfassung:Scholars and judges think they can address the multiple purposes and values of contract law by developing different doctrinal regimes for different transaction types. They think if we develop one track of contract doctrine for sophisticated parties and another for consumers, we can build a better world of contract: protecting private ordering for sophisticated parties and protecting consumers' needs all at once. Given the growing enthusiasm for laying down these separate tracks and develop-ing their infrastructures, this Article brings a necessary reality check to this endeavor by highlighting for scholars and judges how doctrine in contract law functions in fact: it creeps back and forth from track to track. Bespoke contract law ends up as general contract law, and law designed for one contract ecosystem will almost invariably migrate to a different transactional environment. Thus, contract doctrine will be applied in a context for which it is not suited, where it may actually undermine stated doctrinal goals.
ISSN:0016-8092