Construct · 1 fields · 1 citations

formalist contract interpretation: a standalone construct

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Contract law

the approach that courts should read contracts between sophisticated firms largely by their written terms, limiting context, because parties prefer predictable enforcement.

In contract law, formalist contract interpretation refers to the approach that courts should read contracts between sophisticated firms largely by their written terms, limiting context, because parties prefer predictable enforcement. This meaning comes from Schwartz (2003) in Contract Theory and the Limits of Contract Law.[1]

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Nearby constructs

context4 fields · 7 citationsjingle · one word, four constructs interpretation4 fields · 4 citationsjingle · one word, four constructs contract4 fields · 6 citationsjingle · one word, four contracts

References

Schwartz, A., & Scott, R. E. (2003). Contract Theory and the Limits of Contract Law. Elsevier BV. https://doi.org/10.2139/ssrn.397000

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