Incomplete contract costs/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> The costs that arise when circumstances not envisaged in an ''incomplete contract'' result in a loss of expected benefits or the need for renegotiation.) |
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Latest revision as of 12:27, 27 October 2009
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Incomplete contract costs [r]: The costs that arise when circumstances not envisaged in an incomplete contract result in a loss of expected benefits or the need for renegotiation.