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Design a contingency contract

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Reference no: EM132646361

Imagine that party A is selling a car to party B. Party A thinks there is an 80% chance the car will not break down in the first year, while party B thinks there is an 80% chance it will. Design a contingency contract that could help them avoid an impasse over this issue.

Post your contract terms with an explanation of why you felt this would avoid an impasse.

Reference no: EM132646361

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