The Three and a Half Minute Transaction: Boilerplate and the Limits of Contract Design by Robert E. Scott, Mitu Gulati

The Three and a Half Minute Transaction: Boilerplate and the Limits of Contract Design

Robert E. Scott, Mitu Gulati

240 pages • first pub 2012 (editions)

informative medium-paced
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Theory tells us that the lawyers who draft standard-form contracts will respond to an erroneous court interpretation of a boilerplate contract term by revising the standard formulation of the clause or otherwise clarifying the ambiguity. This is s...

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