Under Low-Cost Contracting Like That Between Beekeepers and Farmers, the Agreement

Multiple Choice

Under low-cost contracting like that between beekeepers and farmers, the agreement between the two parties is not self-enforcing because:

A) the terms of contract are laid down by a third party.
B) the initial distribution of rights between the two parties is unequal.
C) services and payments take place over a span of time, and either might choose to default on his obligations at some point.
D) the contract distributes gross revenue between the two parties unequally.