Introduction: From ‘Classical’ to Modern Contract Law

Abstract

This chapter presents an overview of the current state of play in contract law and of the matters covered in the subsequent chapters. It discusses the features of classical contract theory and the reshaping of contract law in the modern period, which was accompanied by an expansion of the non-contractual fields of liability. Modern contract law is characterized by an increased control over the contractual regime. This control is reflected both by general supervision over the process of contract formation and by intervention in the very contents of the contract.

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