Historic Roots of the Contract Law in England and the USA

Description

This Skill Bit talks about how the 19th century brought key developments in contract law, especially in England and the U.S., shaped by the Industrial Revolution. England refined principles like freedom of contract and consideration, while statutory reforms addressed issues like the sale of goods. In the U.S., the push for uniformity led to the Uniform Commercial Code, balancing contractual freedom with emerging protections for workers and consumers. These changes established the foundation for modern contract law, blending freedom, equity, and fairness.

Duration approx. 5 Min.

Tier: proficiency