Common law as a source of law for contracts:
A) comes primarily from federal law.
B) comes exclusively from state law.
C) comes primarily from French common law.
D) comes primarily from state law.
E) comes equally from state and federal law.

Question

Quizplus · Accepted Answer

Common law as a source of law for contracts comes primarily from state law. This is because contract law is typically governed by state law, and each state has its own unique common law principles that have developed over time through court decisions. While federal law can also impact contract law, it is generally limited in its application and does not provide a comprehensive source for common law principles.

Common Law as a Source of Law for Contracts