Types of contracts that are characterized by standardization

Reference no: EM131760209

There are many types of contracts that are characterized by standardization. Holcombe suggests that there are standard wills, standard leases and standard loan agreements. Is there a standardized privatization agreement? Please explain why or why not the standard contracts do/do not exist. How does this impact the bargaining factors for municipalities as they are trying to consider agreements within their budgeting strategy?

Reference no: EM131760209

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