what is pros contract?
Pros And Cons Of Contract Law. Contract law is governed by the UCC or the Uniform Commercial Code. This regulates and makes sure that the law is enforced by the members of the contract. However, there are several pros and cons to this contract law. The advantage of contract law is that it allows the parties involved to search for solutions if there has been a breach of contract. The main purpose of a contract is to make sure that the terms of mutual decision have been reached carefully by both the parties.