Business contracts are the key governing mechanism for inter-organizational collaboration and they are increasingly taking a central role in e-commerce, e-business and extended enterprise governance related to key process integration, exchange of knowledge and information and as drivers for performance. This research is motivated by the critical problem of stark incompatibility between the cont...

As discussed in Merton (1993, Sections 5 and 6) and here in the section to follow, the effective delivery of many financial services depends critically on the credit-worthiness of the provider financial institution. Such service activities are said to be 'credit-sensitive'. The intermediary's credit standing can cause significant extemality-like effects on the various business activities of the...

concern for the protection of the weak party is a characteristic of contemporary french contract law. in the area of the obligation to provide information, the question arises as to what criterion should be applied to distinguish the weak party from the one placed in a position of power: on what basis is the party in the inferior position protected by jurisprudence and by the legislator in the ...

in contracts to insure the implementation of contractual obligations, guarantees will obtain from promisor. with reference to the general conditions of guarantees, nature and custody of these guarantees does not have been stipulated in civil law and fidic contracts. in civil law about the analysis of the substantive guarantees, the views presented that among the most are: contract guarantee, um...

drawing up the insurance contracts by insurance companies has led to disregard policyholder's rights. this means that insurers by inserting unfair terms in insurance contracts seek to make a contract that they gain special privileges for themselves. jurists as main opponents of injustice regard commitment not to insert unfair terms as one of the insurer's pre-contractual obligations i...

This paper analyses different factors promoting transactional leadership in commercial banks of Nepal. The study is based on primary data with 131 responses. self-administered questionnaires are used to collect the perceptive opinions from respondents. statistical tools this include mean, standard deviation, coefficient variance and ranking. concludes that leaders Nepal provide subordinates mat...

The rising demand for high-quality online services requires reliable packet delivery at the network layer. Data-plane fault localization is recognized as a promising means to this end, since it enables a source node to efficiently localize faulty links, find a fault-free path, and enforce contractual obligations among network nodes. Existing fault localization protocols cannot achieve a practic...

We expect engineers, much as we expect doctors, teachers, plumbers, bankers and even our politicians to be honest. Minimally this means that they should not cheat, falsify documents or reports, keep promises and adhere to contractual obligations. But more can be said about the relation between engineering and ethics. Enlarging what it means to be an engineer is to understand the responsibility ...

A contract where the agent is compensated ex post only upon satisfactory performance, often called a no-cureno-pay contract, can arise as under several circumstances. In this paper, we model the problem of contractual choice as a principal-agent contract which is modified due to hidden information about the competence of the agent to fulfill the obligations of the contract. The agent offers a c...