单词 | default rule |
释义 | default rule The burden would be on him to justify departing from the default rule. Times, Sunday Times Firstly, it sets a default rule which, although one may opt out of it, that workers may work no more than 48 hours per week. Retrieved from Wikipedia CC BY-SA 3.0 The application of a default rule leads to the addition of its consequence to the theory. Retrieved from Wikipedia CC BY-SA 3.0 Practically, limited liability operates only as a default rule for creditors that can adjust their risk. Retrieved from Wikipedia CC BY-SA 3.0 So, the default rule in s. 13(1) works well looking forward, but it creates a huge amount of transaction costs when looking backwards. Retrieved from Wikipedia CC BY-SA 3.0 |
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