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The Sanctity of Contracts in English Law - College of Social ...

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<strong>The</strong> " Will <strong>The</strong>ory " <strong>of</strong> <strong>Contracts</strong> 171882 stated his position <strong>in</strong> the controversy asfollows 37 :" While the consensus ad idem or agreement isthe ideal basis <strong>of</strong> contract, the court will assumethe existence as a necessary sequence <strong>of</strong> certa<strong>in</strong>overt acts <strong>of</strong> the parties. <strong>The</strong>ir m<strong>in</strong>ds mustneeds be out <strong>of</strong> reach <strong>of</strong> a court <strong>of</strong> law, but wherethey exhibit all the phenomena <strong>of</strong> agreement theexistence <strong>of</strong> agreement will be taken for granted."In the latest edition <strong>of</strong> Cheshire and Fifoot on the<strong>Law</strong> <strong>of</strong> Contract 3S the matter is put <strong>in</strong> this way :" A contract<strong>in</strong>g party ... is bound becausehe has agreed to be bound. Agreement, however,is not a mental state but an act, and, as an act,is a matter <strong>of</strong> <strong>in</strong>ference from conduct. <strong>The</strong>parties are to be judged not by what is <strong>in</strong> theirm<strong>in</strong>ds, but by what they have said or written ordone."While the positive school drew a sharp l<strong>in</strong>e betweenpositive law on the one hand and morals and ethicson the other, the advocates <strong>of</strong> the will theory saw <strong>in</strong>law a rational means <strong>of</strong> atta<strong>in</strong><strong>in</strong>g a spiritual endthrough the freedom <strong>of</strong> the will. So they threw <strong>in</strong>tosome confusion once more the place <strong>of</strong> the moral andthe ethical elements <strong>in</strong> legal conceptions.CONCLUSION<strong>The</strong> conclusion at which I have arrived dur<strong>in</strong>g mystudy <strong>of</strong> the development <strong>of</strong> the general law <strong>of</strong>37 Pr<strong>in</strong>ciples <strong>of</strong> the <strong>English</strong>, <strong>Law</strong> <strong>of</strong> Contract, 2nd ed., p. 13.38 4th ed. at pp. 21 22.

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