Legal rules governing contract laws have been shaped in large part by our sense of commercial ethics.

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Legal rules governing contract laws have been influenced by societal norms and values regarding what is considered fair, just, and ethical in business transactions. These ethical considerations have helped shape the development of contract law, including requirements for mutual assent, consideration, and adherence to good faith and fair dealing principles. Additionally, contract law recognizes certain values, such as freedom of contract and the importance of respecting private property rights, which are considered important ethical principles in many commercial settings.

Legal Rules Governing Contract Laws Have Been Shaped in Large