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The two key dimensions of trust are goodwill and competency. Still business partnerships rarely rely only on trust, and often employ more concrete formal contracts.

  1. The two key dimensions of trust are goodwill and competency. Still business partnerships rarely rely only on trust, and often employ more concrete formal contracts. How do you think trust dimensions are affected by formal contracts? Specifically, does trust between partners diminish/grow if formal contracts are signed between partners? Why or why not?

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