The Classical Theorists Were Guided by the Assumption That Human

question 16

True/False

The Classical theorists were guided by the assumption that human are irrational.

---

Definitions:

Verbal Contract

A type of agreement made through spoken communication rather than in writing, which can be legally binding under certain conditions.

Sale of Land

Sale of land refers to the transfer of ownership of land from one party to another, typically through a legal document or deed.

Hardship

Significant difficulty or suffering experienced by an individual or group, often considered in legal contexts to alleviate contractual obligations.

Statute of Frauds

A legal principle that requires certain types of contracts and agreements to be in writing to be legally enforceable.