The laws of contracts and their enforceability in court determine the range of transactions
that we will find it worthwhile to undertake.

Question

Quizplus · Accepted Answer

The enforceability of contracts is a crucial factor in determining which transactions will be economically feasible and beneficial to undertake. If contracts are not legally enforceable, individuals and businesses may be hesitant to engage in certain transactions due to the risk of breach of contract and the potential loss of investment. Therefore, the laws of contracts and their enforceability are important in shaping the types and number of transactions that occur in the marketplace.

The Laws of Contracts and Their Enforceability in Court Determine