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mamaluj [8]
2 years ago
5

What constitutes a reason for incomplete contracts?

Social Studies
1 answer:
MissTica2 years ago
5 0

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:

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Explanation:

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3 years ago
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sasho [114]

Answer:

The National Benchmark Tests (NBTs) are assessments for first-year applicants into higher education institutions. The NBTs were designed to measure a writer's ability to transfer understanding of Academic Literacy, Quantitative Literacy and Mathematics to the demands of tertiary coursework.

Explanation:

6 0
3 years ago
What are the levels, functions and powers of state and federal courts?
Anuta_ua [19.1K]
The U.S. Constitution is the supreme law of the land in the United States. It creates a federal system of government in which power is shared between the federal government and the state governments. Due to federalism, both the federal government and each of the state governments have their own court systems. Discover the differences in structure, judicial selection, and cases heard in both systems.
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Who's point of view is told from the first paragraph? For the first four months during The Long Winter of 1620 through 21 the Wa
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Explanation:

3 0
3 years ago
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