ABSTRACT

Our introduction to the planning and dispute-solving roles of contract in the last chapter drew us to a detailed examination of a highly significant form of contract much used in present day international business. Nevertheless most of our attention in Part One has so far been centred on the formative years of modern contract, the 19th century ‘classical’ model, influences on it and views and criticisms of it. Our aim was not merely to give an historical review but to give a clear picture of those basic ideas, doctrines and principles which to a large extent still underpin contract law today – and which therefore operate in the very changed circumstances of the modern world.