In the U.S., which of the following are the two most important sources of contract law?
A) Case law and the Restatement of Law, Contracts.
B) Case law and the Uniform Commercial Code.
C) The Uniform Commercial Code and the United Nations Convention on Contracts for the International Sale of Goods.
D) Case law and the United Nations Convention on Contracts for the International Sale of Goods.
E) The United Nations Convention on Contracts for the International Sale of Goods and the Restatement of the Law, Contracts.

Question

Quizplus · Accepted Answer

The two most important sources of contract law in the U.S. are case law, which consists of judicial decisions that interpret and fill in gaps in statutory law, and the Uniform Commercial Code (UCC), which standardizes commercial transactions laws across the states for goods.

In the US, Which of the Following Are the Two Most Important