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Implied Warranties May Arise from Course of Dealing or Usage

question 15

True/False

Implied warranties may arise from course of dealing or usage of trade in leases of personal property under Article 2A of the Code,but not in sales of goods under Article 2.


Definitions:

Strategic Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions that align with a long-term goals.

Cooperative Games

A branch of game theory where players can negotiate and form coalitions to maximize their benefits.

Noncooperative Games

Games in game theory where players make decisions independently, without cooperation or communication with each other.

Constant Sum Game

A situation in game theory where the total benefit to all players in the game remains constant, regardless of the distribution of gains among players.

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