Which of the Following Is Not Among the Functions of Contract

question 19

Multiple Choice

Which of the following is not among the functions of contract?

• A) to provide incentives for efficient reliance
• B) to reduce transaction costs
• C) to discourage the development of asymmetric information
• D) to provide risk allocation mechanisms

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Definitions:

Rattle

A traditional toy designed for infants, consisting of a container filled with small, loose objects that produce sound when shaken.

Baby Bottle

A container with a nipple from which infants and young children can drink milk, formula, or other liquids.

Objects into Containers

The process or action of placing things inside receptacles for storage, transport, or organization.

Pincer Grasp

A developmental milestone in which a child uses the thumb and forefinger to pick up small objects, reflecting fine motor skill development.