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Many farmers place scarecrows out into their fields to keep the crows away. Initially the crows will stay out of the field when they see the "person" in the middle of the field. After a few weeks, the farmer notices the crows are perching in his cornfield. Why didn't placing the scarecrow in the field work over a long period of time?
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, aimed at standardizing practices across states.
2003 Amendments
Pertains to specific changes or revisions made to laws, regulations, or statutes in the year 2003.
Contract Formed
The occurrence of a legally binding agreement between parties, brought into existence by their mutual consent to its terms and conditions.
Statute of Limitations
Legislation that determines the ultimate period following an occurrence in which legal actions can be commenced.
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