5 Things to Know about a Contract Law Lawyer Contract law is the area of law that governs the formation, performance, and enforcement of contracts. A contract is a legally binding agreement between two or more parties that creates obligations between them. The purpose of contract law is to promote fairness and certainty in contractual relationships.
Contract law is typically governed by state law, but there are also federal laws that apply to certain types of contracts. For example, the Uniform Commercial Code (UCC) governs contracts for the sale of goods. Contract law is a complex and everevolving area of law, so it is important to consult with a lawyer if you have any questions about your rights and obligations under a contract.