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Entropy Measures

question 40

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Entropy measures


Definitions:

Implied Contracts

Agreements inferred from the actions, behavior, or circumstances of the parties involved, rather than from written documentation or explicit verbal agreement.

Article 2

Refers to a section of the Uniform Commercial Code that governs the sale of goods.

Bilateral Contract

An agreement where each of the two parties makes a promise or set of promises to the other.

Unilateral Contract

An agreement in which a promise by one party is exchanged for an act performed by the other party.

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