A self-enforcing agreement is a type of contract or arrangement in which the terms and conditions are designed to be automatically upheld or enforced without the need for external intervention, such as a court or a regulatory agency. In other words, the agreement contains built-in mechanisms that incentivize the parties to comply voluntarily, as the consequences of non-compliance are sufficiently significant to deter breaches.
Articles by others on the same topic
There are currently no matching articles.