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    Transactions and Strategies
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    Exam 10: The Economics of Contracts
  5. Question
    If Each of the Parties to a Contract Controls a Resource
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If Each of the Parties to a Contract Controls a Resource

Question 56

Question 56

True/False

If each of the parties to a contract controls a resource essential for the other's survival, opportunistic behavior by any of them will increase the value of the transaction.

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