State common law decisions have had a larger impact on contract law than federal common law decisions.

Question

Quizplus · Accepted Answer

Contract law is primarily governed by state law, and state courts have jurisdiction over contractual disputes. Therefore, state common law decisions have more authority and influence on contract law than federal common law decisions. However, federal law can impact specific types of contracts, such as those involving federal agencies or interstate commerce.

State Common Law Decisions Have Had a Larger Impact on Contract