Reconciliation Contract: Why Firms Have an Incentive to Cheat on Agreements

In today’s business world, contracts play a vital role in ensuring that agreements between parties are legally binding and enforceable. Whether it’s a contract between home builders[1], a clean record settlement agreement[2], or an international agreement allowing exclusivity[3], contracts provide a framework for parties to work together towards a common goal. However, despite the importance…
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October 14, 2023 0