Answered

Whether you're a student or a professional, IDNLearn.com has answers for everyone. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.

what is contract theory

Sagot :

Meisbonjouridn

Answer:

the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.

JYLANFIRA124idn

Answer:

Contract theory is the study of how people and organizations construct and develop legal agreements. ... Contract theory draws upon principles of financial and economic behavior as different parties have different incentives to perform or not perform particular actions

Explanation:

Social contract theory, nearly as old as philosophy itself, is the view that persons' moral and/or political obligations are dependent upon a contract or agreement among them to form the society in which they live

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your search for answers ends at IDNLearn.com. Thank you for visiting, and we hope to assist you again soon.