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S.Pejovich, - consists in the specification of a bunch of the rights which are subject
To exchange. Lawful contracts expensively to conclude and frequently
Expensively to protect "(56, with. 16).
The contract the more difficult, than is more difficult physical characteristics
Resources entering an exchange or kinds of activity and,
Hence, than more difficult structure accompanying them
Transaction costs. "Transaktsionnye costs, - writes L.
Contract establishments. Therefore, for example, at the strict
Mode of the private property rights,
Would not exist. Proprietors of resources simply
Would function as independent commodity producers,
Buying factorial services at proprietors of other resources,
Adding the own contribution and passing production
To consumers or the following in it is industrial -
Distributive chain to independent commodity producers"
(30, with. 59).
After the American jurist J.Maknejlom O.Uiljamson
Has shown that all variety of contract establishments
It is reduced to several basic versions (67). A choice
The concrete form of the contract it puts in dependence from
Character of the economic relations fastened between
Participants of the transaction. This choice, in its opinion, is dictated
Three factors: uniqueness (specificity) entering in
Exchange of resources; uncertainty degree (imperfection
Information), accompanying the transaction; frequency (regularity)
Business contacts between the parties.
Business practice has developed three typical forms of the contract,
The classical contract. The classical contract carries the impersonal
Character, and its distinctive feature is presence
Accurately stipulated points ("if. That..."). Therefore all
Possible future events are as though reduced in him to the present
To the moment. In the classical contract has no value the person
The counterpart - any can be its participant. That is why
The classical contract gravitates to standardization. Written down
Terms of transaction have in him overweight over the oral. An emphasis
Becomes on legal rules, formal documents,
Transaction self-liquidations (with performance of conditions it stops
Existence). The contract has bilateral character: accurately
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