Question
Use the concept of transaction costs to explain why it is rational to leave certain gasp in contracts. Include in the answer the distinction between
Use the concept of transaction costs to explain why it is rational to leave certain gasp in contracts. Include in the answer the distinction between ex-ante and ex-post transaction costs In those cases where the rational gaps exist in a contract. How should the court resolve disputes over the performance of the contract?
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Dynamic Business Law The Essentials
Authors: Nancy K. Kubasek, M. Neil Browne, Daniel J. Herron, Lucien Dhooge Sue
3rd edition
007802384X, 1260247899, 9781260247893, 978-0078023842
