Author Question: If parties to a contract can anticipate the court's decision in the event of a dispute with some ... (Read 60 times)

imanialler · **on:** Jun 30, 2018

If parties to a contract can anticipate the court's decision in the event of a dispute with some degree of certainty:
a. opportunistic behavior will never be detected.
b. opportunistic behavior will be partially detected.
c. there will be less room for opportunism.
d. only one of the parties will be able to act opportunistically.

Question 2

Trade between countries is based on
A) absolute advantage only.
B) monopoly power.
C) comparative advantage.
D) none of these choices.