Contract law is primarily:
A) federal statutory law
B) state common law
C) federal common law
D) state statutes
E) international code law

Question

Quizplus · Accepted Answer

Contract law is primarily based on state common law, meaning that legal principles and rules have been developed over time by courts in individual states. While there are some federal statutes and regulations that impact contract law, such as the Uniform Commercial Code, the majority of contract law remains under state jurisdiction.

Contract Law Is Primarily