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Firms that anticipate hold-up, choose organizational or contractual forms a.that give both parties the incentive to make relationship-specific investments b.that give both parties the incentive
Firms that anticipate hold-up, choose organizational or contractual forms
a.that give both parties the incentive to make relationship-specific investments
b.that give both parties the incentive to exploit each other's positions
c.that gives both parties an incentive to trade, even after the relationship-specific investments have been made
d.Both A&C
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