TWO THEORIES OF AGREEMENT

Author:

Black Oliver

Abstract

Philosophers have been attracted by the theory that an agreement consists of undertakings by the parties. But the theory faces objections from three sides: unconditional undertakings by both parties are insufficient for an agreement; if the parties give interconditional undertakings, both comply if neither does anything; and, if one party gives an unconditional undertaking and the other a conditional one, a condition of interdependence is breached. The options are to live with the breach, to produce an undertaking-based theory that avoids the objections, or to analyze an agreement otherwise than in terms of undertakings. I consider each option and advocate the third: a better theory is that two people have an agreement where one makes an offer to the other that the other accepts.

Publisher

Cambridge University Press (CUP)

Subject

Law,Philosophy

Reference21 articles.

1. Black O. 1998“The Relation between Reliance and Obligation,”in P. Kampits et al., eds.,Applied Ethics(Kirchberg am Wechsel:Austrian Ludwig Wittgenstein Society).

2. Gilbert M. 1996 Living Together(Lanham, MD:Rowman & Littlefield).

3. De Moor A. 1987“Are Contracts Promises?”in J. Eekelaar and J. Bell , eds.,Oxford Essays in Jurisprudence(Oxford:Oxford University Press).

4. Dancy J. 1993 Moral Reasons(Oxford:Blackwell).

5. Grice H. 1989 Studies in the Way of Words(Cambridge, MA:Harvard University Press).

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1. Index;Hong Kong Competition Law;2021-11-04

2. References;Hong Kong Competition Law;2021-11-04

3. Conclusion;Hong Kong Competition Law;2021-11-04

4. Enforcement and Procedure;Hong Kong Competition Law;2021-11-04

5. Exclusions and Exemptions;Hong Kong Competition Law;2021-11-04

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