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Normative coase theorem and normative hobbes theorem

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Reference no: EM133082991

Could I have only answer? The rule "buyer beware" is a default rule in contracts that involves:

If I need a explaination, I will leave a additional comment.

Thanks.

1) The Normative Coase Theorem only.

2) The Normative Hobbes Theorem only.

3) The Theorem of Coase.

4) Both the Normative Coase Theorem and the Normative Hobbes Theorem.

Reference no: EM133082991

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