freedom to contract Flashcards

1
Q

definition

A

right of an individual and business to freely negotiate and establish their own terms without government interference, the issue of voluntariness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

freedom to contract and laissez faire

A

translates to let it be and refers to a policy or attitude of minimal government interference in economic affairs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

examples

A

employment contracts, consumer contracts, real estate contracts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

sir george jessel

A

a judge who advocated for freedom to contract, individuals should have utmost liberty to enter an agreement and that should be upheld by the court

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

robert nozick

A

philospoher who viewed freedom to contract as an expression of individual autonomy and a fundamental aspect of a minimal state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

patrick atiyah

A

professor noticed the prominence of freedom to contract in 18-19th century but notice decline recently due to increased regulation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly