Self-Enforcing Norms Based on Goodwill,trust,and Reputation of the Partners Is

question 7

Multiple Choice

Self-enforcing norms based on goodwill,trust,and reputation of the partners is known as _____.

• A) capability complement
• B) alliance contract
• C) equity ownership
• D) relational governance

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Definitions:

Writing

The act or process of composing text or inscriptions.

Statute of Frauds

A law requiring certain types of contracts to be written and signed in order to be legally enforceable.

Charitable Tax Relief

Tax deductions or exemptions granted to donors of charitable contributions, incentivizing the support of non-profit organizations.

Unenforceable

Pertaining to a contract or agreement that, due to certain defects or legal principles, cannot be legally imposed or executed.