Contract Law Without Foundations

Toward a Republican Theory of Contract Law

Prince Saprai

Proposes a republican theory of contract law by re-interpreting key contractual doctrines relating to contract formation, vitiation, and remedies
Allows students and practitioners to engage with current philosophical thinking about contract law and how it impacts existing doctrine
Argues that a field such as contract law can only be explained and justified by the interaction of a multiplicity of moral values
Connects contract law theory to current debates about the emergence of transnational contract law

Contract Law Without Foundations

Toward a Republican Theory of Contract Law

Prince Saprai

Description

This book advances a theoretical account of contract law, grounded in value pluralism. Arguing against attempts to delineate branches of legal doctrine by reference to single unifying values, the book suggests that a field such as contract law can only be explained and justified by the interaction of a multiplicity of moral values.

In recent times, the philosophy of contract law has been dominated by the 'promise theory', according to which the morality of promise provides a 'blueprint' for the structure, shape, and content that contract law rules and doctrines should take. The promise theory is an example of what this book calls a 'foundationalist' theory, whereby areas of law reflect or are underlain by particular moral principles or sets of such principles.

By considering contract law from the point of view of its theory, rules and doctrines, and broader political context, the book argues that the promise theory can only ever offer part of the picture. The book claims that 'top-down' theories of contract law such as the promise theory and its bitter rival the economic analysis of law seriously mishandle legal doctrine by ignoring or underplaying the irreducible plurality of values that shape contract law. The book defends the role of this multiplicity of values in forging contract doctrine by developing from the 'ground-up' a radical and distinctly republican reinterpretation of the field. The book encourages readers to move away from a 'top-down' theory of contract law such as the promise theory and instead embrace a distinctly republican approach to contract law that would justify the legal rules and doctrines we find in particular jurisdictions at particular times.

Contract Law Without Foundations

Toward a Republican Theory of Contract Law

Prince Saprai

1:Introduction
2:Foundationalism and the Promise Theory
3:The Limits of Promise
4:Republican Contract Law
5:Intent to Contract and Trust
6:Undue Influence and Exploitation
7:Restraint of Trade and Freedom
8:The Penalties Rule and Compensation
9:Mitigation and Fairness
10:Contract Law Beyond the State

Contract Law Without Foundations

Toward a Republican Theory of Contract Law

Prince Saprai

Author Information

Prince Saprai, Associate Professor, University College London

Prince Saprai is an associate professor at the Faculty of Laws, UCL. He was formerly an assistant professor at the University of Warwick (2008-2009) and a stipendiary lecturer at Merton College, Oxford (2007-2008). He completed his doctorate on the philosophy of contract law at the University of Oxford (2009). He has written extensively on the normative foundations of contract law and unjust enrichment, and on philosophical puzzles relating to a variety of doctrines in these areas. He also works on broader questions about transnational private law, the ethics of markets, and the regulation of new technologies.