Which Contracting Party Gains from the Use of a More

question 17

Multiple Choice

Which contracting party gains from the use of a more sophisticated contract?

• A)The principal,who offers the contract.
• B)The agent,who accepts the contract.
• C)Both parties may lose.
• D)Both parties gain equally.

---

Definitions:

Self-perpetuating

A process or mechanism that has the ability to sustain itself or continue indefinitely without external input.

Generative

Refers to processes capable of producing or creating new content, structures, patterns, or ideas.

Fiduciary

A person or organization that acts on behalf of another person or persons, putting their clients' interest ahead of their own, with a duty to preserve good faith and trust.

Strategic

Involving the careful planning and management of resources to achieve specific objectives and ensure long-term success.