The rule of caveat emptor developed: under the game theory. under the social contract theory. in a period in history when businesses were small and served local needs. during the late twentieth century.

under the game theory

The game theory application to law is a quite common approach in the United given its preoccupation with the models of interactions between decision makers. In the rule of caveat emptor is addresses well the issue of the interests between the interacting parties

barrio is a spanish word meaning neighborhood. in spain, several latin american countries and the philippines, the term is also used officially to denote a division of a municipality while a ghetto is a part of a city in which members of a minority group live, typically as a result of social, legal, or economic pressure. the term may have originally been used in venice to describe the part of the city to which jews were restricted and segregated.