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Contract law in the United States

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Revision as of 17:29, June 10, 2023 by DeRien (talk | contribs) (→‎Main sources: https://www.law.cornell.edu/ucc/2)

An agreement that may be legally enforced is a contract.

Main sources

In the United States, there are 2 main sources of contracts:

  1. 2nd Re-statement of Contracts outlines rules found in the common law of contracts
  2. Article 2 of the Uniform Commercial Code (UCC) is a set of uniform statutes governing the sale of goods.

UCC has been adopted by all 50 states.