His liquidity preference theory of interest is a short-run theory of the price of contractual obligations ("bonds"), and it is essentially an application of the general theory of market price.
A second element in the realm of political ideas, deeply opposed to the contractual theory of the Huguenots, was that of the Jesuit supporters of Ultramontanism.
The political driver is at the basis of a contractual theory of interculturalism (Bouchard, 2012), which posits as fundamental the reaching of a dynamic equilibrium between the goal of ensuring the survival of the national identity and, on the other hand, that of respecting the rights of ethnic minorities.
These theories find it difficult to account for both the strictness of contractual obligations to keep agreements and also contract law's commitment to vindicating promissory expectations.
Some legal scholars would break the economic impasse on moral grounds, favoring "more robust notions of contractual duty" over the feeble notion of duty that (the theory of efficient breach reveals) orthodox accounts of contract law invite (Brooks 2006: 753).
This paper presents an overview of the most widely used theories of the firm (such as the Stockholder Theory, the Aggregate Theory, the Contractual Theory, the Resource Based View, and the Stakeholder Theory), and analyses their contributions to Corporate Sustainability from an interpretative perspective.
He was known as a leading spokesman for the social theory of solidarism, which stressed the quasi-contractual nature of society and the essential obligations of all men to it.
We tested and corroborated most propositions derived from transaction cost theory relating contractual incompleteness to transaction characteristics, even when we considered the complete set of the theory's propositions by endogeneizing the asset specificity at stake in transactions.
They are against the culture of contractual agreement".
"One takes more care of contractual partners," Mr. Iljine said.
