Which of the following is correct regarding Restatements of the Law? They are themselves a...

80.2K

Verified Solution

Question

Accounting

Which of the following is correct regarding Restatements of the Law?
They are themselves a direct source of business law.
They apply to all areas of the law except for contracts, agency, property, and torts, which are addressed by the com-
mon law.
Judges rarely use them to guide their interpretations in particular cases.
The American Law Institute prepares them.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students