Tacit Knowledge Is Formal,systematic Knowledge That Can Be Written Down

question 45

True/False

Tacit knowledge is formal,systematic knowledge that can be written down and passed on to others.

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Definitions:

Identification of the Goods

The process of specifying or distinguishing goods to be covered by a sales or service contract.

Special Property Right

A legal right granted to an individual or entity over an intangible asset, such as intellectual property or a trade secret.

Fungible Goods

Items that are interchangeable and indistinguishable from one another in terms of quality and characteristics, making them easily replaceable.

Bona Fide Purchaser

A person who purchases property in good faith without notice of any prior claims, liens, or encumbrances.