Volume VII: Contracts in General | Chapter 9 (1992): The Formation of Contracts

Completed in June 1991

Arthur T. von Mehren

1. Outline of chapter. – This chapter addresses contract formation. Four interconnected topics are considered: Theories of contract formation (subch. II); intention, reliance, and administrability (subch.III); substantive contractual justice (subch. IV); the phases of formation: negotiation, offer, and acceptance (subch. V).

2. Rationale of chapter. – Theories of contract formation set out the basic requirements that must be satisfied be…