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Law

Melvin A. Eisenberg

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Articles 1 - 11 of 11

Full-Text Articles in Law

The World Of Contract And The World Of Gift, Melvin Aron Eisenberg Aug 2019

The World Of Contract And The World Of Gift, Melvin Aron Eisenberg

Melvin A. Eisenberg

Examines the social and legal implications of the treatment of donative promise as an absolute enforceable contract in the United States. Evolution of the donative-promise doctrine; Case laws on donative promise; Moral and social significance of donative promises; Substantive bases for donative-promise principle.


The Principle Of Hadley V. Baxendale, Melvin Aron Eisenberg Aug 2019

The Principle Of Hadley V. Baxendale, Melvin Aron Eisenberg

Melvin A. Eisenberg

No abstract provided.


Expression Rules In Contract Law And Problems Of Offer And Acceptance, Melvin Aron Eisenberg Aug 2019

Expression Rules In Contract Law And Problems Of Offer And Acceptance, Melvin Aron Eisenberg

Melvin A. Eisenberg

The issue of interpretation is central to contract taw, because a major goat of that body of law is to facilitate the power of self-governing parties to further their shared objectives through contracting. Modern contract law has developed a set of general principles of interpretation that give a place to both objective and subjective elements, and must be applied on an individualized basis. However, a number of narrower black-letter rules give a purely objective and standardized interpretation to certain kinds of expressions, and these standardized interpretations may often differ from the meanings such expressions would be given under the general …


Contractarianism Without Contracts: A Response To Professor Mcchesney, Melvin Aron Eisenberg Mar 2015

Contractarianism Without Contracts: A Response To Professor Mcchesney, Melvin Aron Eisenberg

Melvin A. Eisenberg

No abstract provided.


The Structure Of Corporation Law, Melvin Aron Eisenberg, Ralph K. Winter, Fred S. Mcchesney Mar 2015

The Structure Of Corporation Law, Melvin Aron Eisenberg, Ralph K. Winter, Fred S. Mcchesney

Melvin A. Eisenberg

No abstract provided.


The Limits Of Cognition And The Limits Of Contract, Melvin Aron Eisenberg Mar 2015

The Limits Of Cognition And The Limits Of Contract, Melvin Aron Eisenberg

Melvin A. Eisenberg

No abstract provided.


The Role Of Fault In Contract Law: Unconscionability, Unexpected Circumstances, Interpretation, Mistake, And Nonperformance, Melvin Aron Eisenberg Mar 2015

The Role Of Fault In Contract Law: Unconscionability, Unexpected Circumstances, Interpretation, Mistake, And Nonperformance, Melvin Aron Eisenberg

Melvin A. Eisenberg

It is often asserted that contract law is based on strict liability, not fault. This assertion is incorrect. Fault is a basic building block of contract law, and pervades the field. Some areas of contract law, such as unconscionability, are largely fault based. Other areas, such as interpretation, include sectors that are fault based in significant part. Still other areas, such as liability for nonperformance, superficially appear to rest on strict liability, but actually rest in significant part on the fault of breaking a promise without sufficient excuse. Contract law discriminates between two types of fault: the violation of strong …


The Responsive Model Of Contract Law, Melvin Aron Eisenberg Mar 2015

The Responsive Model Of Contract Law, Melvin Aron Eisenberg

Melvin A. Eisenberg

No abstract provided.


Corporate Law And Social Norms, Melvin A. Eisenberg Mar 2015

Corporate Law And Social Norms, Melvin A. Eisenberg

Melvin A. Eisenberg

No abstract provided.


The Disgorgement Interest In Contract Law, Melvin A. Eisenberg Mar 2015

The Disgorgement Interest In Contract Law, Melvin A. Eisenberg

Melvin A. Eisenberg

Restatement Second of Contracts provided that contract law serves to protect one or more of three interests: the expectation interest, the reliance interest, and the restitution interest. There is, however, a fourth interest that contract law should and does protect: the disgorgement interest, which is the promisee's interest in requiring the promisor to disgorge a gain that was made possible by the promisor's breach, but did not consist of a benefit conferred on the promisor by the promisee. It is not clear why Restatement Second excluded the disgorgement interest. Perhaps the drafters believed that this position was compelled by positive …


The Duty Of Good Faith In Corporate Law, Melvin A. Eisenberg Mar 2015

The Duty Of Good Faith In Corporate Law, Melvin A. Eisenberg

Melvin A. Eisenberg

An important development in corporate law is the recent explicit recognition, in a series of Delaware cases, that corporate managers owe a fiduciary duty of good faith in addition to their traditional duties of care and loyalty. The duty of good faith was not created by those cases. On the contrary, the duty has long been explicit under the statutes--for example, in statutory provisions that require directors to act in good faith, and in provisions concerning indemnification. The duty of good faith has also long existed implicitly in the case law--for example, in the formulation of the business judgment rule …