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Uncertainty in Commercial Law

Name: Uncertainty in Commercial Law
Creator: MacNeil, I.
Keywords: 0106 biological sciences, 05 social sciences, 16. Peace & justice, 01 natural sciences, 0505 law

descriptionPublicationkeyboard_double_arrow_right Article 01 Jan 2009 English Publisher:Edinburgh University PressJournal:Edinburgh Law Review, volume 13, pages 68-99 (issn: 1364-9809, eissn: 1755-1692,

Authors: MacNeil, I.;

doi: 10.3366/e1364980908000966

Uncertainty in Commercial Law

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Abstract

A. INTRODUCTION B. THE MEANING OF LEGAL CERTAINTY (1) Predictability and consistency (2) Rules, principles and standards (3) Certainty and rule types (4) Certainty and vagueness of definition (5) Certainty and efficiency C. PROXIES FOR LEGAL UNCERTAINTY D. RESPONSES TO UNCERTAINTY (1) Eliminating or reducing uncertainty through contract terms (2) Allocating or transferring risk arising from legal uncertainty through contract terms (3) Creative compliance (4) Clearance, guidance and legal opinions E. THE PERSISTENCE OF UNCERTAINTY F. THREE EXAMPLES OF PERSISTENT UNCERTAINTY (1) The nineteenth century law on corporate personality and limited liability (2) The duty of disclosure in insurance (3) Material breach in contract law G. CONCLUSIONS

Related Organizations

University of Glasgow
United Kingdom

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