But if this be true, it has more important bearings than simply
to enlarge the definition of the word promise. It concerns the
theory of contract. The consequences of a binding promise at
common law are not affected by the degree of power which the
promisor possesses over the promised event. If the promised event
does not come to pass, the plaintiff's property is sold to
satisfy the damages, within certain limits, which the promisee
has suffered by the failure. The consequences are the same in
kind whether the promise is that it shall rain, or that another
man shall paint a picture, or that the promisor will deliver a
bale of cotton.
[300] If the legal consequence is the same in all cases, it seems
proper that all contracts should be considered from the same
legal point of view. In the case of a binding promise that it
shall rain to-morrow, the immediate legal effect of what the
promisor does is, that he takes the risk of the event, within
certain defined limits, as between himself and the promisee. He
does no more when he promises to deliver a bale of cotton.
If it be proper to state the common-law meaning of promise and
contract in this way, it has the advantage of freeing the subject
from the superfluous theory that contract is a qualified
subjection of one will to another, a kind of limited slavery. It
might be so regarded if the law compelled men to perform their
contracts, or if it allowed promisees to exercise such
compulsion. If, when a man promised to labor for another, the law
made him do it, his relation to his promisee might be called a
servitude ad hoc with some truth. But that is what the law never
does. It never interferes until a promise has been broken, and
therefore cannot possibly be performed according to its tenor. It
is true that in some instances equity does what is called
compelling specific performance. But, in the first place, I am
speaking of the common law, and, in the next, this only means
that equity compels the performance of certain elements of the
total promise which are still capable of performance. For
instance, take a promise to convey land within a certain time, a
court of equity is not in the habit of interfering until the time
has gone by, so that the promise cannot be performed as made. But
if the conveyance is more important than the time, and the
promisee prefers to have it late rather than never, the law may
compel the performance of [301] that. Not literally compel even
in that case, however, but put the promisor in prison unless he
will convey. This remedy is an exceptional one. The only
universal consequence of a legally binding promise is, that the
law makes the promisor pay damages if the promised event does not
come to pass. In every case it leaves him free from interference
until the time for fulfilment has gone by, and therefore free to
break his contract if he chooses.
Public-domain text, read in full here on John Shaqi.
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