Context: Contract law covers obligations established by agreement (express or implied) between private parties. Generally, contract law in transactions involving the sale of goods has become highly standardized nationwide as a result of the widespread adoption of the Uniform Commercial Code. However, there is still significant diversity in the interpretation of other kinds of contracts, depending upon the extent to which a given state has codified its common law of contracts or adopted portions of the Restatement (Second) of Contracts.

Question: What is contract law?
Answer: obligations established by agreement (express or implied) between private parties

Question: What standardized contract law?
Answer: Uniform Commercial Code

Question: What kinds of agreements do contract law cover?
Answer: express or implied

Question: What does contract law not cover?
Answer: Unanswerable

Question: What non-standardized contract law?
Answer: Unanswerable

Question: What did the Restatement (Second) of Contracts standardize?
Answer: Unanswerable

Question: The Uniform Commercial Code limited the diversity of what?
Answer: Unanswerable

Question: What types of agreements does the Restatement of Contracts cover?
Answer: Unanswerable