ESSAY ON THE DOCTRINE OF CONTRACTS: BEING AN INQUIRY HOW CONTRACTS ARE AFFECTED IN LAW AND MORALS, BY CONCEALMENT, ERROR, OR INADEQUATE PRICE

Item #: 61905

Pages: vi, 234 pp.
Published: OE; G. & C. Carvill; Reprinted in 2006.

Subjects: BUSINESS/ECONOMICS, COMMERCIAL LAW

In his discussion of early American works on contract law inthe Transformation of American Law Horwitz observes that"nowhere were its underlying bases more brilliantly andsystematically rethought" than in Verplanck's Essay (281).Indeed, compared to those of Dane and Story, "Verplanck'sreconsideration of the philosophical foundations of contractlaw was by far the most penetrating among the Americantreatise writers" (283). It is a landmark in the developmentof the will theory of contract and an elaborate critique ofthe doctrine of caveat emptor, which had recently beenadopted by the U.S. Supreme Court in Laidlaw v. Organ(1817).Reprinted by The Lawbook Exchange, Ltd.Distributed by William S. Hein & Co., Inc.

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