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Feminist Relational Contract Theory: A New Model for Family Property Agreements
Author(s) -
Thompson Sharon
Publication year - 2018
Publication title -
journal of law and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.263
H-Index - 48
eISSN - 1467-6478
pISSN - 0263-323X
DOI - 10.1111/jols.12132
Subject(s) - paternalism , property (philosophy) , contract theory , context (archaeology) , relational contract , law and economics , power (physics) , business , sociology , political science , law , economics , epistemology , microeconomics , geography , philosophy , physics , archaeology , quantum mechanics
In this article, a new model named Feminist Relational Contract Theory (FRCT) is explained, justified, and applied to the context of family property agreements and specifically nuptial agreements. Most nuptial agreements are created amidst a complex web of power relationships and the dynamic of these relationships often evolves over time. However, the courts in England and Wales have not yet found a way to recognize this without adopting a paternalistic approach. This article proposes an alternative that could, in practice, recognize issues of power between parties entering family property agreements, exploring a recent Australian case on nuptial agreements which adopts a more contextual understanding of contract law.