What is meant by the 'classical law of contract'?
A) A body of rules developed in the 19th Century
B) A body of rules developed in the 20th Century
C) The law as found in the first ever contract law textbook
D) All law based on precedent

Question

Quizplus · Accepted Answer

The notion of a classical law of contract refers to a body of rules including caselaw and the work of the first authors on contract law developed during the 19th Century that is still of significant influence. Stone par. 1.1

What Is Meant by the 'Classical Law of Contract