The Restatement (Second) of Contracts

The Restatement (Second) of Contracts is a legal guide that summarizes and clarifies American contract law. Created by legal experts, it outlines key principles and rules governing contracts, such as how they form, the obligations of parties, and remedies for breach. Its purpose is to provide a consistent framework for courts and practitioners to interpret and apply contract law, promoting fairness and predictability in contractual relationships. Although it is not law itself, it serves as a valuable reference for judges, lawyers, and anyone involved in contract disputes.