____________ Prevention Is Based on the Assumption That Trying to Prevent

question 37

Short Answer

____________ prevention is based on the assumption that trying to prevent a problem from occurring in the first place is better than trying to deal with it after the fact (similar to the old saying "an ounce of prevention is worth a pound of cure").

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Definitions:

Statute of Frauds

A legal principle requiring certain types of contracts to be written and signed by the party to be charged, in order to be legally enforceable.

Real Property

Pertains to land and anything permanently attached to it, such as buildings, including the rights associated with ownership of land.

Uniform Commercial Code

A detailed collection of regulations for overseeing commercial activities in the USA, aimed at standardizing business statutes nationwide.

Sale of Goods

A commercial transaction in which a seller transfers or agrees to transfer goods to a buyer for a monetary consideration, under terms and conditions.