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Question 10 (1 Point) Without a Legal System'that Enforces Contracts, People Would Likely Still Enter into Contracts for Current or

Problemas

Question 10 (1 point) Without a legal system'that enforces contracts, people would likely still enter into contracts for current or future services regardless of the risk of non-payment. True False

Roztwór

Oscar maestro · Tutor durante 5 años
Weryfikacja ekspertów
4.2 (217 Votos)

Respuesta

False

Explicación

## Step 1This problem is a theoretical question that tests your understanding of the role of a legal system in enforcing contracts. The statement suggests that even without a legal system that enforces contracts, people would still enter into contracts for current or future services, despite the risk of non-payment.## Step 2To answer this question, we need to consider the nature of human behavior and the importance of a legal system in enforcing contracts. A legal system provides a framework for enforcing contracts, which includes mechanisms for dispute resolution and penalties for non-compliance.## Step 3Without a legal system, there would be no formal mechanism to enforce contracts. This could lead to a lack of trust and reliability in contractual agreements, as there would be no consequences for non-payment.## Step 4Therefore, the statement is false. Without a legal system that enforces contracts, people would likely not enter into contracts for current or future services due to the risk of non-payment.