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The question is whether with our present- day routinized and institutionalized ways of doing business a blanket formality can achieve the desiderata which form is
The question is whether with our present- day routinized and institutionalized ways of doing business a "blanket formality" can achieve the desiderata which form is intended to achieve. The net effect of a reform like the Uniform Written Obligations Act, for example, will probably be to add a line or two to unread printed forms and increased embarrassment to the task of judges seeking a way to let a man off from an oppressive bargain without seeming to repudi- ate the prevailing philosophy of free contract. Under modern conditions perhaps the only devices which would be really effective in achieving the formal desiderata would be that of a nominal consideration actually handed over, or a requirement that the promise be entirely in the hand- wvriting of the promisor. As the holographic will shows, even the sec- ond of these devices would be inadequate from the standpoint of the "channeling" function
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