One of the ALI's first projects, and ultimately one of its most successful, was the drafting of _____ completed in 1932.

Question

Quizplus · Accepted Answer

The Restatement of Law of Contracts was one of the ALI's first projects and is still widely used today as a valuable tool for judges, lawyers, and scholars in understanding and applying the principles of contract law. The Uniform Commercial Code (UCC) was not completed until 1952, and Article 2 is a specific section of the UCC dealing with the sale of goods. The quasi-contract is a legal fiction used in certain circumstances where no formal contract exists, and the Convention on Contracts for the International Sale of Goods (CISG) is an international treaty governing the sale of goods between parties from different countries.

One of the ALI's First Projects, and Ultimately One of Its