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The Sound Of Silence: Default Rules And Contractual Consent, Randy E. Barnett
The Sound Of Silence: Default Rules And Contractual Consent, Randy E. Barnett
Georgetown Law Faculty Publications and Other Works
In this article, the author challenges the received wisdom of "gap-filling in the absence of consent" by showing how the concept of default rules bolsters the theoretical importance of consent. He accomplishes this by expanding and refining his analysis of a "consent theory of contract." The author proposes that the concept of default rules reveals consent to be operating at two distinct levels of contract theory. First, the presence of consent to be legally bound is essential to justify the legal enforcement of any default rules. Second, nested within this overall consent to be legally bound, consent also operates to …