Which Statement Is Correct Regarding Similarities Between American and European

question 20

Multiple Choice

Which statement is correct regarding similarities between American and European contract law?

• A)U)S.law finds guidance in the Restatements of the Law constituting soft law,not statutory enactments;and Europe has begun crafting its own version of the U.S.Restatement of Contracts.
• B)U)S.law finds guidance in the Restatements of the Law constituting soft law,not statutory enactments,but Europe has refused to consider crafting its own version of the U.S.Restatement of Contracts.
• C)U)S.law finds guidance in the Restatements of the Law constituting soft law,not statutory enactments;and Europe has disavowed the CISG choosing to follow a code similar to the U.S.Restatements of the Law.
• D)U)S.law is provided guidance through the UCC,a federal statutory enactment,but European law relies entirely on the CISG.
• E)U)S.law is provided guidance through statutory enactments known as the Restatements of the Law,but European law relies entirely on the CISG.

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