What is the purpose of contract law?
A) to ensure litigation of parties committing contractual breach
B) to prescribe principles and values for use in society
C) to determine right and wrong in the business world
D) to enforce expectations and facilitate planning

Question

Quizplus · Accepted Answer

Contract law is designed to enforce the expectations of the parties involved in a contract and facilitate planning by providing a legal framework within which parties can operate and make agreements.

What Is the Purpose of Contract Law