Abstract

http://ssrn.com/abstract=2295139
 


 



A Theory of Contract Formation


Allan Beever


School of Law, University of South Australia

July 17, 2013


Abstract:     
The law reviews and library shelves are replete with theories of contractual obligation. These theories standardly attempt to explain why contracts are binding and why breach of contract generates the legal response that it does. Much less discussed is contract formation. How, precisely, is it that contracts are formed? This lack is perhaps the result of the assumption that a successful theory of contractual obligation will explain contract formation. This article argues that this is not the case, however. The standard theories of contractual obligation, even if successful in their own right, could not explain contract formation. The article then presents a theory that can: the theory presented in Immanuel Kant’s Rechtslehre. The article ends by showing that, in addition to explaining contract formation, this theory solves without difficulty standard problems thought to face accounts of contractual obligation that resemble it.

Number of Pages in PDF File: 46

Keywords: Contract, contract formation, Kant, offer, acceptance

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Date posted: July 18, 2013  

Suggested Citation

Beever, Allan, A Theory of Contract Formation (July 17, 2013). Available at SSRN: http://ssrn.com/abstract=2295139 or http://dx.doi.org/10.2139/ssrn.2295139

Contact Information

Allan Beever (Contact Author)
School of Law, University of South Australia ( email )
GPO Box 2471
Adelaide SA 5001
Australia
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