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Sources of Contract Law

15 January, 2016 - 09:32
Available under Creative Commons-NonCommercial-ShareAlike 4.0 International License.

LEARNING OBJECTIVES

  1. Understand that contract law comes from two sources: judges (cases) and legislation.
  2. Know what the Restatement of Contracts is.
  3. Recognize the Convention on Contracts for the International Sale of Goods.

The most important sources of contract law are state case law and state statutes (though there are also many federal statutes governing how contracts are made by and with the federal government).

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