Title
Fault in Contract Law
Publication Date
2009
Publication Title
Michigan Law Review
Abstract
A promisor is strictly liable for breaching a contract, according to the standard account. However, a negligence-based system of contract law can be given an economic interpretation, and this Article shows that such a system is in some respects more attractive than the strict-liability system. This may explain why, as a brief discussion of cases shows, negligence ideas continue to play a role in contract decisions.
Recommended Citation
Eric Posner, "Fault in Contract Law," 107 Michigan Law Review 1431 (2009).