Modern definitions of contracts center on:
A) lex mercatoria
B) commercial rules
C) evidence of seals
D) duties imposed by the International Convention on Contracts
E) none of the other choices

Question

Quizplus · Accepted Answer

Modern definitions of contracts do not specifically center on lex mercatoria, commercial rules, evidence of seals, or duties imposed by the International Convention on Contracts. Instead, they generally focus on the agreement between parties to create legal obligations, which can be much broader and not limited to these specific elements.

Modern Definitions of Contracts Center On