Eleven year-old lawyer Juris P. Prudence needs your help spreading kindness throughout the community! Learn all about the meaning of a contract and make the world a better place with Juris P. Prudence
Juris "J.P." Prudence always wondered if her parents named her Juris because they knew that she was destined to become a lawyer. Her parents probably never expected that she would become a lawyer at just eleven years old and use her law degree to change history. Last year, JP and her best friends, Sofia "Sofie" Flores-Ramirez, Isabel "Izzy" Carrington, and Madeline "Maddy" Rosenfeld, finished the law program that they started at the National Kids Leaders Academy at the early age of five years old. Despite the fact that they are only eleven years old, they are now real lawyers. Since passing the bar exam, they have not done anything to put their law degrees to use, that is, until the day that J.P. and her best friends form a law firm to change the law for kids.
Commercial contract law is in every sense optional given the choice between legal systems and law and arbitration. Its 'doctrines' are in fact virtually all default rules. Contract Law Minimalism advances the thesis that commercial parties prefer a minimalist law that sets out to enforce what they have decided - but does nothing else. The limited capacity of the legal process is the key to this 'minimalist' stance. This book considers evidence that such minimalism is indeed what commercial parties choose to govern their transactions. It critically engages with alternative schools of thought, that call for active regulation of contracts to promote either economic efficiency or the trust and co-operation necessary for 'relational contracting'. The book also necessarily argues against the view that private law should be understood non-instrumentally (whether through promissory morality, corrective justice, taxonomic rationality, or otherwise). It sketches a restatement of English contract law in line with the thesis.