Which of the following is NOT a true statement about relational contracts?
A) A relational contract has unenforceable elements.
B) A relational contract must be self-enforcing in order to be effective.
C) In order to work,a relational contract must have long-term benefits of adhering to the contract that are greater than the short-term gains of breaking the contract.
D) A relational contract is based on reputation.
E) A relational contract includes only verifiable information.
Correct Answer:
Verified
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