Contracts Are Governed Primarily By

question 28

Multiple Choice

Contracts are governed primarily by:

• A) state common law.
• B) federal common law.
• C) statutory law.
• D) federal case law.

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Definitions:

Kohlberg

Refers to Lawrence Kohlberg, an American psychologist best known for his theory of stages of moral development.

Moral Development

The process through which individuals develop an understanding of right and wrong and establish personal values.

Social Norms

Unwritten rules or expected behaviors that are considered acceptable within a society or social group.

Unethical Practices

Actions or behaviors that go against moral principles and standards, often resulting in harm or disadvantage to others.