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Imagine a World in Which Landlords Always Fix Problems Quickly

Question 81

Multiple Choice

Imagine a world in which landlords always fix problems quickly, tenants never damage property and always pay their rent in a timely fashion. In such a world, lease agreements would ________.


A) still exist to solve the commitment problem
B) be unnecessary
C) apply only to people with low monthly income
D) only serve the interests of tenants

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