The "Restatement (First) of Contracts" is a legal document published in 1932 by the American Law Institute. It aims to clarify and summarize the principles of contract law in the United States. This restatement serves as a reference for judges, lawyers, and scholars, providing a comprehensive overview of contract formation, performance, and enforcement. The Restatement organizes contract law into clear sections, addressing key concepts such as offer, acceptance, and consideration. It does not create new law but rather distills existing legal principles, helping to standardize interpretations across different jurisdictions.