Archive for February 5th, 2010

Judge Posner Writes on Blameworthiness in Contract Theory (2010-2-5)

Continuing his recent discussion of fault in contract law, Judge Posner explains that, “The idea of ‘good faith’ is an example.  We generally want people to be honest and aboveboard in their dealings with others.  But there is no general duty of good faith in contract law.  If you offer a low price for some […]