The remedy available when a court imposes a quasi contract is the recovery of the reasonable value of a benefit conferred or detriment suffered.

When there is no formal, written partnership agreement, an agreement to form a partnership is unenforceable.

A liquidated damages provision specifies an amount to be paid in the event of a future default or breach of contract to make the innocent party whole.

A description of goods, such as a product-identification label on the outside of a box that contains the product, is not an express warranty.

When the owner of a sole proprietorship dies, the business does not dissolve—it is automatically transferred to family members or other heirs.

Because a warranty imposes a duty on the seller, a breach of warranty is a breach of the seller’s promise.

Intellectual property is property resulting from intellectual, creative processes.

In class we retrieved data from the Web. From an academic study perspective, what kind of data is data retrieved from the Web?

Fill in the blank in the following statement: “When we discussed the need for an Institutional Review Board (IRB) for human interaction studies at UF, we reviewed some of the history behind the development of this oversight requirement. A particularly egregious study that is frequently pointed to as the reason that such oversight is required was the ________________________.” 

Is the following statement True or False? “In the evaluation phase of the CRISP-DM model, it is possible that the data science team will have to go back and restart the project from the beginning.”