Which of the following describes the contributions a legal contract provides to the business relationship?

Question

Quizplus · Accepted Answer

A legal contract provides structure, predictability, and security to the business relationship. It outlines the rights and obligations of both parties and helps to minimize the risk of disputes or misunderstandings by providing a clear framework for the relationship. It does not contribute uncertainty of liability or define moral principles/values. Principles of paramountcy are not typically included in a legal contract.

Which of the Following Describes the Contributions a Legal Contract