Foundations of Commercial Law

By Robert E. Scott and George G. Triantis

{Foundation Press: 2009}

Fall 2010

In their new book, Professor Robert E. Scott and his co-author, Harvard Law School Professor George G. Triantis, set forth the foundational principles of commercial law and offer detailed analysis of some of the field’s central themes. The comprehensive volume includes examinations of the choice between default rules and mandatory rules, between liability and property rules, between rules and standards, and between legislative and judge-made law. These themes are developed in the context of an in-depth treatment of sales law, payment systems, letters of credit, and secured transactions.

Scott, Columbia Law School’s Alfred McCormack Professor of Law, has co-authored six books on contracts and commercial transactions and numerous articles that have set the standard for the economic analysis of contract law.