Construct · 1 fields · 1 citations

front-end and back-end contracting costs: a standalone construct

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Contract law

the tradeoff between costs of drafting precise terms at formation and costs of proving and interpreting vague terms in later litigation.

In contract law, front-end and back-end contracting costs refers to the tradeoff between costs of drafting precise terms at formation and costs of proving and interpreting vague terms in later litigation. This meaning comes from Scott (2006) in The Yale Law Journal.[1]

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Nearby constructs

contract4 fields · 6 citationsjingle · one word, four contracts

References

Scott, R. E., & Triantis, G. G. (2006). Anticipating Litigation in Contract Design. The Yale Law Journal, 115(4), 814. https://doi.org/10.2307/20455639

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