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Contracts

Selected Works

Mark P. Gergen

Selected Works

2015

Performance (law)

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Full-Text Articles in Law

Theory Of Self-Help Remedies In Contract, A, Mark P. Gergen Nov 2015

Theory Of Self-Help Remedies In Contract, A, Mark P. Gergen

Mark P. Gergen

The article discusses the positive and normative aspects of self-help remedies in contracts. Self-remedies are defined as actions that a party may take in a bid to resolve a breach of contract without the need to go to court. It is said that the power to withhold performance amid a breach tends to be used with the power to refuse non-conforming performance. The author believes that the law of self-help allows a great deal of waste in avoiding the risk of short-changing contract rights, leading to the undermining of the theory of efficient breach.