In three to four sentences, describe how legal contracts provide incentives for people to exchange goods and services.

In our modern society, many people are involved in the exchange of goods and services, and this is why the market is able to operate with such success. However, most people who do so are taking a risk, as there is always the chance of unfairness being involved in such exchanges. One of the ways in which people are able to decrease this risk is by creating legal contracts. Legal contracts establish what the responsibilities of each person are, as well as the punishments that will take place if either party breaks the contract.

c would be the correct !

hope this !

~bbgluver

cultural achievements of the 1920's 2010  

1. cultural achievements and african american achievements in the 1920’s  

2. art and literature charles lindberg flew from ny to paris, france. became national hero; first transatlantic flight.  

3. greenwich village (new york) and the south side (chicago)  many artists, writers, and intellectuals flocked to these areas to share ideas  people lead bohemian, or artistic and unconventional, lifestyles