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Wayne Barnes

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Contract formation

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The French Subjective Theory Of Contracts: Separating Rhetoric From Reality, Wayne Barnes Aug 2008

The French Subjective Theory Of Contracts: Separating Rhetoric From Reality, Wayne Barnes

Wayne Barnes

Most of the world, including Anglo-American jurisdictions, conforms to the objective theory of contract, which posits that contract formation is determined by reference solely to external evidence of manifestations of assent. On the other hand, France uniquely clings to the rhetoric of its “subjective” theory of contract, championing the freedom of the individual and the autonomy of the will. France’s association with a subjective theory of contract is widely recognized and assumed. One would initially assume that the French subjectivist philosophy would result in dramatically different outcomes in actual cases, when compared with the objectivist rules-based perspective that obtains in …