Some contracts, such as those between municipalities and highway construction firms, are extremely long with terms spelled

Question:

Some contracts, such as those between municipalities and highway construction firms, are extremely long with terms spelled out in minute detail. Others, such as between consulting firms and their clients, are short and fairly vague about the division of responsibilities. What factors might determine such differences in contract length and detail?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics Of Strategy

ISBN: 9781118273630

6th Edition

Authors: David Besanko, David Dranove, Scott Schaefer, Mark Shanley

Question Posted: