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:
The federal court system, established by the Judiciary Act of 1789, allowed state courts to have more power than federal courts.
According to the preamble, the constitution was written because to unify the states to establish a just government to create a lasting democracy all Options are correct.
What does Preamble denotes?
A preamble is a basic and proclamation in a record that makes sense of the report's motivation and fundamental way of thinking.
The preamble makes way for the Constitution (Archives.gov). It plainly conveys the goals of the designers and the motivation behind the report. The preamble is a prologue to the most elevated tradition that must be adhered to; it isn't the law. It doesn't characterize government powers or individual freedoms.
It contains beliefs that the Constitution looks to accomplish. It provides course and motivation to the Constitution. It additionally reveres the terrific targets and financial objectives which are to be accomplished through sacred cycles.
Therefore all Options are correct.
Learn more about Preamble here:
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Answer:
It is nobler to die with integrity than to live with compromised principles
Explanation:
it is nobler to die with integrity then to live with principles that harm other strongly support the statement that men with integrity does not compromise with his principles he is self made person and he believes in his abilities and work on his own principles on the other side a man who compromises on his principles usually lacks confidence and is not capable enough to believe on his own abilities and is not able to make decisions on his own on the other side a man with integrity confidence is capable enough to even handle difficult of situation and can manage every problem very well as this phrase is mostly quoted in most of the texts
REBECCA NURSE a famous religious author also quoted as same that "It is nobler to die with integrity than to live with compromised principles that harm others" being a religious and follower of GOD she came on to the conclusion that in living with integrity is that what matters
