The goal of a default rule is to
A) Allow the court to modify a business contract to make it more equitable.
B) Allow the court to modify a business contract to make it meet industry standards.
C) Allow the court to fill in the gaps to save an incomplete contract.
D) Allow the court to modify the terms of the contract to reflect notions of fair dealing and good faith.

Question

Quizplus · Accepted Answer

Default rules are designed to fill in gaps in contracts where the parties have not specified terms, ensuring the contract remains enforceable and functional.

The Goal of a Default Rule Is to