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The Future of the Law of Contract.

By: Material type: TextTextSeries: Markets and the Law SeriesPublisher: Oxford : Informa Law, 2020Copyright date: ©2020Edition: 1st edDescription: 1 online resource (303 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780429508813
Subject(s): Genre/Form: Additional physical formats: Print version:: The Future of the Law of ContractDDC classification:
  • 346.022
LOC classification:
  • K840 .F88 2020
Online resources:
Contents:
Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- Detailed Contents -- List of contributors -- Table of cases -- Table of legislation -- List of articles -- CHAPTER 1. AN OVERVIEW -- Introduction -- Diversity and unity -- Doctrine -- Evolution and revolution -- CHAPTER 2. THE IMPLIED OBLIGATION OF GOOD FAITH -- Introduction -- The American experience -- Canada -- Australia -- Singapore -- United Kingdom -- Internationalization -- Concluding thoughts -- CHAPTER 3. GOOD FAITH IN THE SUPREME COURT OF CANADA -- Introduction -- Bhasin v Hrynew -- Good faith and equity -- Security of contracts -- Subsequent decisions -- Conclusion -- CHAPTER 4. THE QUAGMIRE OF UTMOST GOOD FAITH IN INSURANCE LAW: A COMPARATIVE STUDY OF MALAYSIAN, AUSTRALIAN AND ENGLISH LAWS IN CONSUMER INSURANCE CONTRACTS -- Introduction -- The evolution of the legal principle of utmost good faith in the English insurance law -- Carter v Boehm -- The evolution of the burdensome duty of utmost good faith - misrepresentation in insurance contracts under common law -- Influencing the judgment of the prudent underwriter -- Current regulation and legislation under English law -- The Malaysian treatment of the principle of utmost good faith -- The reception of English law into Malaysia - cut-off dates -- Pre-contractual duty of disclosure for consumer insurance contracts -- The Australian treatment on the duty of utmost good faith in insurance contracts -- The future of utmost good faith in insurance contracts: is the application of utmost good faith in insurance contracts dead? -- Resurrection of utmost good faith - striking a more balanced approach -- Conclusion -- CHAPTER 5. OBJECTIVITY -- Introduction -- Purpose, rules and a presumption -- Focus of discussion -- What does the contract mean? -- Is there a contract? -- Introduction.
Agreement between the two approaches -- Disagreement between the two approaches -- Two great nineteenth-century cases -- Implied terms -- Introduction -- Does the role of objectivity vary? -- Are implication and construction different? -- What does 'necessary' signify? -- Conclusions -- CHAPTER 6. AUTOMATED TRANSACTIONS AND THE LAW OF CONTRACT: WHEN CODES ARE NOT CONGRUENT -- Introduction -- Two classes of reasons for non-enforcement: principle and policy -- Coherentism and reasons of principle -- Regulatory-instrumentalism and reasons of policy -- The question of non-congruence: doctrinal principles, regulatory policies and automated transactional technologies -- Technological enablement -- Networks -- Deviation from the expectation measure -- Penalties -- Payments associated with an illegal contract -- Technological disablement -- A creditor's promise to settle for less (with any attempt to recover the balance of the debt being disabled) -- An unfair term in a consumer transaction -- Conclusion -- CHAPTER 7. THE RESILIENCE OF CONTRACT LAW IN LIGHT OF TECHNOLOGICAL CHANGE -- Introduction -- Roadmap -- Contract automation and artificial intelligence -- Some terminology -- Agents -- Autonomy -- Operators and users -- Confronting the theories -- Separation theories -- Agency theories -- Absence of intention -- Smart contracts -- The legal enforceability of 'smart contracts' -- Expressing intention -- Consideration -- Encoding contracts -- Coding errors -- Predictability -- Encoding contracts - or obligations? -- Reducing ambiguity? -- Ubiquitous computing -- A brief reminder of the 'past' - the click-wrap debate -- Transactions in ubicomp -- A question of consent -- Who deserves protection? -- A question of context -- Conclusions.
CHAPTER 8. A COLLISION OF CONTRACT AND PRIVACY LAW IN A DIGITAL ENVIRONMENT-AN ACCIDENT WAITING TO HAPPEN! A COMPARATIVE STUDY -- Introduction -- What maketh an online contract? -- International agreement on electronic contracts -- Formation-offer? -- What does the social media platform offer, the use of the platform in exchange for PII? -- Acceptance - browse-wrap/click wrap agreements in the case of privacy agreements -- Acceptance general common law position, drawing on the experience in the United States -- Informed consent in cases of personal data protection pursuant to the EU's general data protection regulation (GDPR), which came into force in the EU on 25 May 2018 -- Protection of personal data -- The right to withdraw consent (the right to be forgotten) and contract law -- Consideration -- What amounts to consideration in common law countries - traditional views? -- Information as a form of consideration -- Other problems in taking civil action under the law of contract -- Class actions -- Standing -- The use of disclaimers -- Breach of contract -- Damages -- The position in the United States -- The position in Malaysia -- The position in the UK -- Conclusion: what is the difference between a normal contract and that relating to personal data? -- CHAPTER 9. SETTING OUT A COMPREHENSIVE LEGAL FRAMEWORK TO GOVERN EXEMPTION CLAUSES IN MALAYSIA: LESSONS FROM THE UNITED KINGDOM AND AUSTRALIA -- Introduction -- Background of study -- Legal framework governing exclusion clauses under common law -- Meaning and type of exclusion clauses -- Drawbacks of the rules of incorporation -- Drawbacks of the rules of construction/interpretation -- Legal framework governing exclusion clauses under the Contracts Act 1950 -- Doctrine of unconscionability -- Public policy -- Agreements in restraint of legal proceedings.
Legal framework governing exclusion clauses under the Sale of Goods Act 1957 -- Exclusion of implied terms -- Application of law for the states of Sabah and Sarawak -- Legal framework governing exclusion clauses under the Hire-Purchase Act 1967 -- Legal framework governing exclusion clauses under the Consumer Protection Act 1999 -- Inadequacy of the Consumer Protection Act -- Unfair contract terms -- Guarantees in respect of supply of goods -- Product liability -- Lessons from the United Kingdom -- Unfair Contract Terms Act 1977 -- Consumer Rights Act 2015 -- Lessons from Australia -- Application of common law -- Section 68 Trade Practices Act 1974 (Cth) -- Sale of Goods Act 1923 (NSW) -- Contracts Review Act 1980 (NSW) -- Australian Consumer Laws -- The way forward in setting out a proper framework to govern exclusion clauses -- Contracts Act 1950 -- Sale of Goods Act 1957 -- Hire-Purchase Act 1967 -- Consumer Protection Act 1999 -- Specific legislation -- Concluding remarks -- CHAPTER 10. ECONOMIC DURESS: PRESENT STATE AND FUTURE DEVELOPMENT IN ENGLAND, AUSTRALIA AND MALAYSIA -- Introduction -- English law -- Illegitimate pressure -- Causation -- Australia -- Illegitimate pressure -- Causation -- Malaysia -- Section 15 Contracts Act 1950 -- Section 73 Contracts Act 1950 and economic duress -- A restrictive judicial approach -- Conclusion -- CHAPTER 11. THE VALIDITY OF CHOICE OF COURT AGREEMENTS IN INTERNATIONAL COMMERCIAL CONTRACTS UNDER THE HAGUE CHOICE OF COURT CONVENTION AND THE BRUSSELS IA REGULATION -- Introduction -- Concept, scope and key provisions of the Hague Convention -- Concept -- Scope -- Key provisions -- The nature and anatomy of choice of court agreements -- Formal validity and consent in choice of court agreements -- Substantive validity of choice of court agreements -- Severability of choice of court agreements -- Conclusions.
CHAPTER 12. DE-IDENTIFICATION OF ISLAMIC FINANCE CONTRACTS BY THE COMMON LAW COURTS -- Introduction -- Non-interventionist approach to Islamic finance contracts -- Interventionist approach to Islamic finance contracts -- Judicial treatment of Shari'ah non-compliance -- Judicial reference of Shari'ah non-compliance to Shari'ah scholars -- The way forward -- Index.
Summary: The Future of the Law of Contract takes a comparative approach in addressing how the law of contract will develop over the next twenty-five years, as well as considering the ways in which changes to the way that contracts are made will affect the law.
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Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Table of Contents -- Detailed Contents -- List of contributors -- Table of cases -- Table of legislation -- List of articles -- CHAPTER 1. AN OVERVIEW -- Introduction -- Diversity and unity -- Doctrine -- Evolution and revolution -- CHAPTER 2. THE IMPLIED OBLIGATION OF GOOD FAITH -- Introduction -- The American experience -- Canada -- Australia -- Singapore -- United Kingdom -- Internationalization -- Concluding thoughts -- CHAPTER 3. GOOD FAITH IN THE SUPREME COURT OF CANADA -- Introduction -- Bhasin v Hrynew -- Good faith and equity -- Security of contracts -- Subsequent decisions -- Conclusion -- CHAPTER 4. THE QUAGMIRE OF UTMOST GOOD FAITH IN INSURANCE LAW: A COMPARATIVE STUDY OF MALAYSIAN, AUSTRALIAN AND ENGLISH LAWS IN CONSUMER INSURANCE CONTRACTS -- Introduction -- The evolution of the legal principle of utmost good faith in the English insurance law -- Carter v Boehm -- The evolution of the burdensome duty of utmost good faith - misrepresentation in insurance contracts under common law -- Influencing the judgment of the prudent underwriter -- Current regulation and legislation under English law -- The Malaysian treatment of the principle of utmost good faith -- The reception of English law into Malaysia - cut-off dates -- Pre-contractual duty of disclosure for consumer insurance contracts -- The Australian treatment on the duty of utmost good faith in insurance contracts -- The future of utmost good faith in insurance contracts: is the application of utmost good faith in insurance contracts dead? -- Resurrection of utmost good faith - striking a more balanced approach -- Conclusion -- CHAPTER 5. OBJECTIVITY -- Introduction -- Purpose, rules and a presumption -- Focus of discussion -- What does the contract mean? -- Is there a contract? -- Introduction.

Agreement between the two approaches -- Disagreement between the two approaches -- Two great nineteenth-century cases -- Implied terms -- Introduction -- Does the role of objectivity vary? -- Are implication and construction different? -- What does 'necessary' signify? -- Conclusions -- CHAPTER 6. AUTOMATED TRANSACTIONS AND THE LAW OF CONTRACT: WHEN CODES ARE NOT CONGRUENT -- Introduction -- Two classes of reasons for non-enforcement: principle and policy -- Coherentism and reasons of principle -- Regulatory-instrumentalism and reasons of policy -- The question of non-congruence: doctrinal principles, regulatory policies and automated transactional technologies -- Technological enablement -- Networks -- Deviation from the expectation measure -- Penalties -- Payments associated with an illegal contract -- Technological disablement -- A creditor's promise to settle for less (with any attempt to recover the balance of the debt being disabled) -- An unfair term in a consumer transaction -- Conclusion -- CHAPTER 7. THE RESILIENCE OF CONTRACT LAW IN LIGHT OF TECHNOLOGICAL CHANGE -- Introduction -- Roadmap -- Contract automation and artificial intelligence -- Some terminology -- Agents -- Autonomy -- Operators and users -- Confronting the theories -- Separation theories -- Agency theories -- Absence of intention -- Smart contracts -- The legal enforceability of 'smart contracts' -- Expressing intention -- Consideration -- Encoding contracts -- Coding errors -- Predictability -- Encoding contracts - or obligations? -- Reducing ambiguity? -- Ubiquitous computing -- A brief reminder of the 'past' - the click-wrap debate -- Transactions in ubicomp -- A question of consent -- Who deserves protection? -- A question of context -- Conclusions.

CHAPTER 8. A COLLISION OF CONTRACT AND PRIVACY LAW IN A DIGITAL ENVIRONMENT-AN ACCIDENT WAITING TO HAPPEN! A COMPARATIVE STUDY -- Introduction -- What maketh an online contract? -- International agreement on electronic contracts -- Formation-offer? -- What does the social media platform offer, the use of the platform in exchange for PII? -- Acceptance - browse-wrap/click wrap agreements in the case of privacy agreements -- Acceptance general common law position, drawing on the experience in the United States -- Informed consent in cases of personal data protection pursuant to the EU's general data protection regulation (GDPR), which came into force in the EU on 25 May 2018 -- Protection of personal data -- The right to withdraw consent (the right to be forgotten) and contract law -- Consideration -- What amounts to consideration in common law countries - traditional views? -- Information as a form of consideration -- Other problems in taking civil action under the law of contract -- Class actions -- Standing -- The use of disclaimers -- Breach of contract -- Damages -- The position in the United States -- The position in Malaysia -- The position in the UK -- Conclusion: what is the difference between a normal contract and that relating to personal data? -- CHAPTER 9. SETTING OUT A COMPREHENSIVE LEGAL FRAMEWORK TO GOVERN EXEMPTION CLAUSES IN MALAYSIA: LESSONS FROM THE UNITED KINGDOM AND AUSTRALIA -- Introduction -- Background of study -- Legal framework governing exclusion clauses under common law -- Meaning and type of exclusion clauses -- Drawbacks of the rules of incorporation -- Drawbacks of the rules of construction/interpretation -- Legal framework governing exclusion clauses under the Contracts Act 1950 -- Doctrine of unconscionability -- Public policy -- Agreements in restraint of legal proceedings.

Legal framework governing exclusion clauses under the Sale of Goods Act 1957 -- Exclusion of implied terms -- Application of law for the states of Sabah and Sarawak -- Legal framework governing exclusion clauses under the Hire-Purchase Act 1967 -- Legal framework governing exclusion clauses under the Consumer Protection Act 1999 -- Inadequacy of the Consumer Protection Act -- Unfair contract terms -- Guarantees in respect of supply of goods -- Product liability -- Lessons from the United Kingdom -- Unfair Contract Terms Act 1977 -- Consumer Rights Act 2015 -- Lessons from Australia -- Application of common law -- Section 68 Trade Practices Act 1974 (Cth) -- Sale of Goods Act 1923 (NSW) -- Contracts Review Act 1980 (NSW) -- Australian Consumer Laws -- The way forward in setting out a proper framework to govern exclusion clauses -- Contracts Act 1950 -- Sale of Goods Act 1957 -- Hire-Purchase Act 1967 -- Consumer Protection Act 1999 -- Specific legislation -- Concluding remarks -- CHAPTER 10. ECONOMIC DURESS: PRESENT STATE AND FUTURE DEVELOPMENT IN ENGLAND, AUSTRALIA AND MALAYSIA -- Introduction -- English law -- Illegitimate pressure -- Causation -- Australia -- Illegitimate pressure -- Causation -- Malaysia -- Section 15 Contracts Act 1950 -- Section 73 Contracts Act 1950 and economic duress -- A restrictive judicial approach -- Conclusion -- CHAPTER 11. THE VALIDITY OF CHOICE OF COURT AGREEMENTS IN INTERNATIONAL COMMERCIAL CONTRACTS UNDER THE HAGUE CHOICE OF COURT CONVENTION AND THE BRUSSELS IA REGULATION -- Introduction -- Concept, scope and key provisions of the Hague Convention -- Concept -- Scope -- Key provisions -- The nature and anatomy of choice of court agreements -- Formal validity and consent in choice of court agreements -- Substantive validity of choice of court agreements -- Severability of choice of court agreements -- Conclusions.

CHAPTER 12. DE-IDENTIFICATION OF ISLAMIC FINANCE CONTRACTS BY THE COMMON LAW COURTS -- Introduction -- Non-interventionist approach to Islamic finance contracts -- Interventionist approach to Islamic finance contracts -- Judicial treatment of Shari'ah non-compliance -- Judicial reference of Shari'ah non-compliance to Shari'ah scholars -- The way forward -- Index.

The Future of the Law of Contract takes a comparative approach in addressing how the law of contract will develop over the next twenty-five years, as well as considering the ways in which changes to the way that contracts are made will affect the law.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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