Is a Long-term Business Relationship an Implied Contract? Two views of a Relationship “Disengagement”
نویسنده
چکیده
In this paper an approach to the study of relationship dissolution as a consequence of midrange network change is presented. The key idea is to explain two divergent views of the possibility for legal redress following dyadic relationship disengagement: long term relationship as implied contract, and contract-in-law. An empirical example of an exclusive customer-supplier relationship is presented. The paper concludes by discussing the features of the Marks and Spencer case for the relational contracting, transaction cost economics, and industrial network literatures.
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