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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 future services regardless of the risk of non-payment. True False

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

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

Solución

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Oscarmaestro · Tutor durante 5 años
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4.2 (217 votos)

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False

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## Step 1<br />This 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.<br />## Step 2<br />To 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.<br />## Step 3<br />Without 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.<br />## Step 4<br />Therefore, 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.
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