Which of the following statements best describes the Restatement of the Law of Contracts?
A) It is the supreme legal authority for contract law.
B) It is a law which has been adopted, at least in part, by every state.
C) It is a compilation of contract law principles, as agreed upon by its drafters.
D) It is a compilation of law pertaining exclusively to the Uniform Commercial Code.
Correct Answer:
Verified
Q1: Article 2A of the UCC prescribes a
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
Q8: Which of the following is true of
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
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