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Full-Text Articles in Law
Mistakes, Changed Circumstances And Intent, Nancy Kim
Mistakes, Changed Circumstances And Intent, Nancy Kim
Faculty Scholarship
The most common contract defenses are duress, unconscionability, incapacity, fraud, and the basic assumption. defenses4 of mutual mistake, unilateral mistake, impossibility, frustration of purpose and commercial impracticability. In this Article, I limit my discussion to basic assumption defenses. Several prevailing rationales explain why a party should be allowed to escape contractual liability despite the sufficiency of consideration where there has been a failure of a basic assumption material to the transaction. No single rationale or principle, however, unifies all basic assumption defenses. Several commentators have noted that similar fact patterns applying a given doctrine often yield inconsistent results. Parties’ employment …
Internet Challenges To Business Innovation, Nancy Kim
Internet Challenges To Business Innovation, Nancy Kim
Faculty Scholarship
No abstract provided.
The Software Licensing Dilemma, Nancy Kim
The Software Licensing Dilemma, Nancy Kim
Faculty Scholarship
This Article makes two arguments. First, the dilemma posed by software transactions-sales or licenses?-should be answered by dynamic contract law. Dynamic contract law has as its objective effectuating the intent of the parties but weighs that objective against policy considerations. Second, the validity of a license grant should not be inextricably tied to the validity of the contract as a whole. The problem with relying on contract doctrine in the context of software licensing is that, too often, the application of that doctrine is static and formalistic. A new doctrine is not necessary to address software licensing issues; rather, the …