Answer:
C. Castes
Explanation:
It is a division of society based on differences of wealth, inherited rank or privilege, profession, occupation, or race.
he was a hero he founded america so yeah
Answer:
Incomplete Contracts: Do not optimally use all commonly observ-able information. Will be renegotiated at some point in time (bargain-ing). Reasons for contractual incompleteness: Bounded rationality: Parties cannot write long-term state-contingent contracts. Cannot foresee all possible future states.
Explanation: