Commitment in long-term contracts

The paper deals with a common problem affecting businesses wishing to enter a licensing or franchising agreement in a country with limited rule of law. The contract needs to be self-supporting, which may be achieved by the careful structuring of the timing of payments. Copyright © 1999 John Wiley & Sons, Ltd.

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Year of publication:	1999
Authors:	Dnes, Antony W.
Published in:	Managerial and Decision Economics. - John Wiley & Sons, Ltd., ISSN 0143-6570. - Vol. 20.1999, 5, p. 291-292
Publisher:	John Wiley & Sons, Ltd.

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005793131