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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.
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The application of a default rule leads to the addition of its consequence to the theory.
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Practically, limited liability operates only as a default rule for creditors that can adjust their risk.
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So, the default rule in s. 13(1) works well looking forward, but it creates a huge amount of transaction costs when looking backwards.
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更新时间:2024/9/22 1:09:21