Restatement (Second) of Contracts

The Restatement (Second) of Contracts is a legal guide that organizes and clarifies the principles governing contracts in the United States. It outlines what constitutes a valid contract, including elements like offer, acceptance, consideration, and enforcement. This document helps judges, lawyers, and scholars understand and apply contract law consistently. It doesn't create law but summarizes existing legal standards and interpretations, aiming to provide clarity and predictability in contractual relationships. In essence, it serves as a reference point for resolving contract disputes and shaping legal decisions.