Recognizing Contract Risk and Opportunities Ebel M. Aquino LAW/531 Sunday‚ June 21‚ 2015 Prof. Israel Camacho-Alicea Risks and Opportunities To do business you always have to measure the risks and opportunities to avoid bad losses resulting from bad operational business practices and poor contract execution. And in this case‚ Puerto Rico is no exception. The Civil Code of Puerto Rico establishes in Article 1213 Contract requirements (31 LPRA § 3391.) But no contract is effective unless the following
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Recognizing Contract Risk and Opportunities Memo Tim Crouch LAW/531 May 30‚ 2011 Lisa Sweeney Christensen Abstract The purpose of this memo is to address legal issues and legal principles found in the Recognizing Contract Risk and Opportunities simulation. Within this simulation‚ two companies – Span Systems and Citizen-Schwarz (C-S) AG – are engaged in a contract where Span will create banking software for C-S. However‚ the contract is not clear on all issues and the resulting ambiguities
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Recognizing Contract Risk and Opportunities Keila Fuentes University of Phoenix LAW/531PR Puerto Rican Business Law September 11‚ 2013 Prof. Lirio Bernal-Sánchez Recognizing Contract Risk and Opportunities Businesses are constantly negotiating contracts with other companies or individuals. According to Cheeseman‚ 2010‚ a contract is an agreement that is enforceable by a court of law or equity‚ and it involves at least two parties. In order
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Recognizing Contract Risk and Opportunities Alen Edilersky LAW/531 – Business Law Professor Rickard D’Ambrosio February 02‚ 2009 The contract is the special document demanding careful development‚ acceptance and the control over observance of its conditions. As a rule‚ contracts consist when planned mutual relations of participants have long-term character. This long term can concern both to the process of interaction‚ and to those consequences for participants who can come as a result
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option would be Puerto Rico. Ever since the Spanish American war‚ Puerto Rico lays in a state between a territory and a state. This state‚ otherwise know as a commonwealth. A commonwealth gives residences U.S. Citizenship to the people who live there but with no representation in congress. Many people came forth in a recent election in 2012 to decide the fate of the island. For the first time‚ more people voted to become a state. While some people object to becoming a state‚ Puerto Rico should become
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Puerto Rico Visualization Island currently is a US territory and uses the dollar‚ citizens travel on US passports as well. http://www.bbc.co.uk/news/world-us-canada-20238272 After statehood Hawaii’s economy grew almost twice as fast and at a fast rate of 7% per year. The tourism aspect also grew at an astonishing rate of 15% every year for fifteen year. Looking at Puerto Rico’s tourist industry today it is about the same size as Hawaii’s was before Hawaii became a state. This allows for
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Puerto Rico The history of Puerto Rico starts when Christopher Columbus arrived in Puerto Rico in 1493. He instantly called the island San Juan Bautista ‚ but thanks to the gold in the river‚ it was soon known as Puerto Rico‚ or "rich port;" and the capital city took the name San Juan. Soon‚ Puerto Rico was a Spanish colony on its way to becoming an important military outpost. Puerto Rico began to produce cattle‚ sugar cane‚ coffee and tobacco
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Page: Puerto Rico Official Country Name: Puerto Rico Location: North America- Puerto Rico is an island meaning no countries border it. Countries close would be the Dominican Republic to the west‚ US Virgin Islands to the east‚ Venezuela to the south(across the Caribbean Sea)‚ and the US to the north. Capital: San Juan Size of Puerto Rico Compared To A State: Roughly 3 times bigger than Rhode Island President (Puerto Rico is territory of USA. There is no president just for Puerto Rico): Name-
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Puerto Rico LOCATION Puerto Rico‚ an island situated between the Caribbean Sea and the Atlantic Ocean‚ lies just east of the Dominican Republic. With an area of 9‚104 square kilometers (3‚515 square miles)‚ Puerto Rico is almost 3 times the size of the state of Rhode Island. As an island commonwealth with a coastline of 501 kilometers (311 miles)‚ Puerto Rico shares no borders with other nations. San Juan‚ the capital‚ is located on the northeastern shore of the main island; there are also
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English IV College Readiness 11 Dec 2013 Puerto Rico becoming a State Puerto Rico has been a U.S. territory for 115 years‚ yet Puerto Ricans remain second-class citizens. If it becomes a state‚ Puerto Ricans will no longer be exempt from Federal income tax and even more people will be forced on to the public’s benefits paid by the government. There are some positive truths to look at also‚ as journalist Catherine Lozada points out: “Puerto Rico costs the U.S. over $22 billion a year. However
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