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Which Statement Best Describes the Value of Contracts to Society

Question 53

Multiple Choice

Which statement best describes the value of contracts to society?


A) Contracts can never be breached and therefore provide permanence to promises made between parties.
B) Contracts permit parties to rely on terms and plan their business affairs accordingly.
C) Contracts create equal bargaining power between negotiating parties.
D) Contracts ensure that agreements are fair to both parties.

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