It might be too soon to say that smart contracts will do away with lawyers all together.
Consider, for a moment, these two statements from the “Ultimate Guide to Understanding Blockchain Smart Contracts” on a well known Blockchain website: 1) Traditional Contracts “Traditional physical contracts…
Gig workers are more vulnerable when it comes to legal protection of their rights.
Gig workers need to be aware of their contract terms and band together in order to maintain their working rights and pay.
“Cooling-off” periods for purchases made in high-pressure selling situations like door-to-door sales don’t help consumers, research shows.
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Customers who make purchases under pressure don't use the usual 10-day cooling-off period given under law, new research finds.
Research has found franchisees don’t to do their homework before signing up to see whether their business could be terminated “at will”.
The law assumes franchisees do their financial and legal homework when it comes to signing up to a chain, but research shows franchisees are often overconfident and ignorant of the risks.
Hart and Holmström changed the way we think about corporate governance.
Contract theory goes beyond analyzing deals on paper to other sorts of agreements.
Contracts have governed the workings of the economy since ancient times. Contract theory is about ensuring they have the right incentives.