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Orange Shop Ltd. sells electronics and grants credit to its customers. It sold a laptop computer system to Kelly and granted a $3,000 loan to finance the purchase. Two days after purchasing the computer it fell off a low bench and the screen cracked. Kelly wanted to either exchange the computer or have it repaired. Orange Shop Ltd. refused to assist Kelly as an extended warranty had not been purchased. Kelly refused to repay the loan. Which is most likely the court of original jurisdiction?
Positive-Sum Game
A situation in economics or game theory where all participants can gain or benefit in some way; opposite of a zero-sum game.
Zero-Sum Game
A game theory concept where one participant's gain or loss is exactly balanced by the losses or gains of the other participant(s).
Negative-Sum Game
A situation in which the total losses incurred by the participants are greater than the total gains.
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