Another word for a default rule is
A) Mandatory rule
B) Equitable rule
C) Consideration rule
D) Gap-fillers

Name: Another word for a default rule is A) Mandatory rule B) Equitable rule C) Consideration rule D) Gap-fillers
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Question

Quizplus · Accepted Answer

Default rules, or gap-fillers, are provisions or principles used to address situations where the parties to a contract have not specified terms or conditions. They "fill the gaps" in contracts by providing default terms.

Another Word for a Default Rule Is