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2022

Contracts

Contract

Georgia State University Law Review

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A Negotiated Instrument: Proposing A Safer Contract For Consumers (And Not Just A Smarter One), Michael S. Lewis Apr 2022

A Negotiated Instrument: Proposing A Safer Contract For Consumers (And Not Just A Smarter One), Michael S. Lewis

Georgia State University Law Review

In this Article, I propose a new standard for determining what constitutes assent, as a matter of contract formation, within the domain of electronic consumer contracting. The threshold test should reject the “take-it-or-leave-it” arrangement dominant in the marketplace and reified by recent proposals before the American Law Institute (“ALI”) under the moniker “blanket assent.” The new standard should reject blanket assent in favor of a default rule that would require any electronic form proposing contract terms to permit at least a minimal amount of negotiation around terms seeking waiver of rights from consumers. I propose this rule as a more …