Which of the following is true of the Restatement of the Law of Contracts?
A) It serves as a reference for guidance in contract disputes.
B) It does not identify negotiable instruments as formal contracts.
C) Its goal is to create a uniform system of commercial law among the 50 states.
D) It is the absolute federal law for contracts drafted in the U.S.
Correct Answer:
Verified
Q3: The _ states that the intent to
Q4: Which of the following is a characteristic
Q5: In a unilateral contract,the offeror _.
A) must
Q6: Which of the following is one of
Q7: Mike is a painter who makes a
Q9: A unilateral contract is _.
A) a promise
Q10: Which of the following is true of
Q11: Under the objective theory of contracts,the subjective
Q12: Equity was resorted to when _ would
Q13: The court of equity that was developed
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