Describe Adam Smith's Ideology as Enunciated in 1776

question 13

Essay

Describe Adam Smith's ideology as enunciated in 1776. How did it develop into Manchester Liberalism? What was Smith's impact on England?

---

Definitions:

Uniform Electronic Transactions Act

A law adopted by many states in the U.S., which gives legal validity to electronic signatures and records in commercial transactions.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed to be enforceable.

Parol Evidence Rule

A legal principle in contract law that prevents parties from presenting extrinsic evidence of prior or contemporaneous negotiations to alter or contradict the terms of a written agreement.

Condition Precedent

refers to a condition or event that must occur before a contract becomes effective or before a party is obligated to perform their contractual duties.