the emergence of the internet severely affected the social life. cyberspace, regardless of geographical constraints, has provided the possiblity of fast and affordable communication for all people around the world. the increase of international electronic contracts has caused the courts to confront the challenge of determining jurisdiction in cases involving such contracts. traditional rules of...

A management framework has been successfully utilized at Imperial College London in the United Kingdom to improve the process for developing and managing university-industry research collaborations. The framework has been part of a systematic approach to increase the level of research contracts from industrial sources, to strengthen the university’s academic base, and to diversify the provision...

BACKGROUND The accountable care organization (ACO) model being adopted across the United States aims to improve patient care and reduce costs. Little is known about whether commercial ACO contracts include accountability for prescription drug spending or how ACOs are engaging outpatient pharmacies and managing prescription drug use. OBJECTIVE To explore how ACOs are addressing drug spending a...

In this article, Professor Allen Blair examines the preeminent role of exclusivity in open-quantity contracts under the Uniform Commercial Code (“UCC”). Although the text of the UCC does not mandate that open-quantity contracts be exclusive, the vast majority of courts considering the issue have held that exclusivity is necessary to prevent such contracts from failing for lack of mutuality of o...

Banks and financial institutions nowadays often use domain-specific languages (DSLs) for describing complex financial contracts, in particular, for specifying how asset transfers for a specific contract depend on underlying observables, such as interest rates, currency rates, and stock prices. The seminal work by Peyton-Jones and Eber on financial contracts [4] shows how an algebraic approach t...