The Primary Purpose of a Contract Is To

question 215

Multiple Choice

The primary purpose of a contract is to:

• A) make it easy to do international business transactions
• B) encourage innovation
• C) encourage investment
• D) give parties confidence that they will make a profit
• E) none of the other choices are correct

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Definitions:

Inferences

The process of reaching conclusions based on evidence and reasoning rather than direct observations.

Dispositions

Dispositions are inherent qualities of mind and character, reflecting tendencies to behave in certain ways under various conditions.

Interactions

The reciprocal action or influence between entities or individuals in psychological and social contexts.

Ethical Requirement

A rule or standard of behavior that is considered moral or proper within a specific context, professional or otherwise.