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What is the effect of a contract on the relationship between two parties? Question 3 options: A contract ensures that any breaches by one party

What is the effect of a contract on the relationship between two parties?

Question 3 options:

A contract ensures that any breaches by one party will be answered with litigation from the other party.

A contract ensures that the relationship of the parties will always be equal.

A contract will prevent all disputes that might otherwise arise between the parties.

A contract permits both parties to rely on the terms they have negotiated and plan their business affairs accordingly.

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