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 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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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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op yo Lynda M. Applegate‚ Series Editor rP os t Entrepreneurship + I N TE R A C TI VE I L LU S TR AT I O N S No tC Recognizing and Shaping Opportunities LYNDA M. APPLEGATE HARVARD BUSINESS SCHOOL Do CAROLE CARLSON 8056 | Published: September 1‚ 2014 This document is authorized for educator review use only by Vikas Gupta‚ at Institute of Management Technology - Ghaziabad (IMT) until December 2014. Copying or posting is an infringement of copyright. Permissions@hbsp.harvard.edu or 617.783
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Proceedings of the 2005 Winter Simulation Conference M. E. Kuhl‚ N. M. Steiger‚ F. B. Armstrong‚ and J. A. Joines‚ eds. RISK MANAGEMENT IN SUPPLY NETWORKS USING MONTE-CARLO SIMULATION Léa A. Deleris Feryal Erhun Department of Management Science and Engineering Stanford University Stanford‚ CA 94305 U.S.A. ABSTRACT Trends such as (1) globalization‚ (2) heavy reliance on transportation and communication infrastructures‚ and (3) lean manufacturing have led to an increase in the vulnerability of
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Recognizing and Minimizing Tort & Regulatory Risk Plan The purpose of the Recognizing and Minimizing Tort and Regulatory Risk Plan to explain how regulatory risks and common torts describe specific measures on how an organization can manage and minimize each individual risk. The preventive‚ detective‚ and corrective measures for each are explained below. The situation in the Business Regulation Simulation is that Alumina Inc. was involved in some regulatory issues and Alumina Inc. social responsibility
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Recognizing Differences - Week 4 Kevin A. Froy XACC/291 February 19‚ 2014 Shontell Chrisman Recognizing Differences - Week 4 According to Weygandt‚ Kimmel‚ and Kieso (2010)‚ in accounting valuation means a company is establishing a value‚ or estimating a value of an item. The resources can be assessed as an asset or a liability. Bonds are an example of a liability‚ and stocks‚ patents‚ and trademarks are assets. To get an accurate valuation‚ one has to determine the dependability of the
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Recognizing and Minimizing Tort and Regulatory Risk Plan University of Phoenix Business Law LAW 531 Charlisa Edelin October 11‚ 2010 When operating any business‚ the company always has the potential of facing allegation about the quality of their product‚ their environmental impact‚ and many other forms of complaints. Alumina Inc is such a company. Alumina Inc is facing a possible law suit over allegation about their environmental record. Alumina Inc is facing possible law suit for negligence
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avoiding potential troubles with the law in the future. There are many risks that companies can be prepared for including structuring effective business contracts‚ avoiding lawsuits on business torts‚ minimizing product liability risks‚ avoiding employee lawsuits and avoiding risk in domestic and international sales transactions. Business Contracts Contracts contain a common element which is a promise. A contract is a legal relationship that consists of the rights and duties of the agreeing
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