Contract Terms Can Be Designed to Eliminate or Reduce Conflicting

question 36

True/False

Contract terms can be designed to eliminate or reduce conflicting incentives that arise in business relationships.

---

Definitions:

Behavior Modification

The use of empirically demonstrated behavior change techniques to improve or alter human behavior, often including reinforcement or punishment.

Tier 2 Interventions

Targeted strategies or support implemented to address specific needs or skills deficits in individuals not responding adequately to universal interventions.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct, often addressing disputes of moral diversity.

Moral Principles

Fundamental beliefs or rules about what is right and wrong that guide behavior and decision-making.