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This theoretic approach does not yet consider "moral hazard" - a concept originating from contract theory, which refers to the problem that after the finalisation of a contract between an agent (supplier) and a principal (buyer), the agent has more information and therefore the possibility to act opportunistically, e.g., by cheating or disclosing false information [34].
This theoretic approach does not yet consider "moral hazard" - a concept originating from contract theory, which refers to the problem that after the finalisation of a contract between an agent (supplier) and a principal (buyer), the agent has more information and therefore the possibility to act opportunistically, e.g., by cheating or disclosing false information [ 34].
Details of the contract were not announced.
Details of the contract were not disclosed.
No terms of the contract were released.
Consider the cost of the contract.
Specify the length of the contract.
Determine the legal purpose of the contract.
The terms of the contract were fraudulent.
A description of the contract involved.
Lay out the terms of the contract.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com