On the writing and interpretation of contracts
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On the writing and interpretation of contracts by Steven Shavell

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Published by National Bureau of Economic Research in Cambridge, Mass .
Written in English


  • Contracts,
  • Proposal writing in business

Book details:

Edition Notes

StatementSteven Shavell.
SeriesNBER working paper series -- no. 10094., Working paper series (National Bureau of Economic Research) -- working paper no. 10094.
ContributionsNational Bureau of Economic Research.
The Physical Object
Pagination44 p ;
Number of Pages44
ID Numbers
Open LibraryOL17619264M

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  Hence, the issue of the interpretation of contracts and its effects on the writing of contracts is not studied. More generally, the usual assumption in the incomplete contracting economic literature is that contracts are enforced as written, so that the interpretation of contracts Cited by: Note: Citations are based on reference standards. However, formatting rules can vary widely between applications and fields of interest or study. The specific requirements or preferences of your reviewing publisher, classroom teacher, institution or organization should be applied. Published Versions. Shavell, Steven. "On The Writing and The Interpretation Of Contracts," Journal of Law, Economics and Organization, , v22(2,Oct), Cited by:   The book will be concerned with interpretation of contracts generally (following the rule that there are not different rules of interpretation for different kinds of contracts), but with reference to commercial contracts in particular, since this is the area in which the contextual interpretative approach was developed, and where it has most relevance.

The Interpretation of Contracts. 4. A very substantial proportion of all legal disputes between commercial parties are disputes about the meaning of contracts expressly made between them; or often standard terms that are incorporated in their contracts. This is true across the range of disputes that are litigated in the Chancery Division. If a contract is under seal, the instrument itself is the contract, and its proof proves the contract. A writing not under seal, whether required by the statute of frauds or not, is not itself the contract, but only evidence of the contract, so that a simple contract may have to be proved by writing, or by proof of words or acts, or partly. Buy The Interpretation of Contracts 6 by Lewison, Lord Justice (ISBN: ) from Amazon's Book Store. Everyday low prices and free delivery on eligible s: 1. The parol evidence rule applies where the contract is written and provides that the writing represents the entire contract. This definition is flawed, however, because it allows the rule to be sidestepped by defining the contract as partly written and partly oral.

Discover the best Business Contracts Law in Best Sellers. Find the top most popular items in Amazon Books Best Sellers. Concepts and Case Analysis in the Law of Contracts, 7th (Concepts and Insights) Marvin Chirelstein. out of 5 stars Paperback. $ # Interpretation and Construction in Contract Law. Gregory Klass * January - DRAFT When faced with questions of contract interpretation, courts commonly begin with the principle that “[t]he primary goal in interpreting contracts is to determine and enforce the parties’ intent.” 1. The maxim.   Scott J. Burnham, Drafting and analyzing Contracts: A Guide to the Practical Application of the Principles of Contract Law This book was published . Simple contracts are the most common type of contract. Most business contracts are simple contracts. A simple contract may be in writing or be made verbally or by conduct. No formalities are required for simple contracts except where required by legislation. The legal rules relating to contracts discussed below apply to simple contracts.