One Disadvantage of Relational Contracting Is That It May Cause

question 79

True/False

One disadvantage of relational contracting is that it may cause firms to abandon established relationships.

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Definitions:

Peptide Hormones

Hormones composed of short chains of amino acids that affect the function of target cells or organs.

Blood Calcium Levels

Blood calcium levels refer to the concentration of calcium ions in the blood, essential for healthy bones, muscular function, and blood coagulation.

Calcitonin

Hormone secreted by the thyroid gland that increases the blood calcium level.

Thyroid Gland

Large gland in the neck that produces several important hormones, including thyroxine, triiodothyronine, and calcitonin.