简介:Smartcontractsareagreementswhoseexecutionisautomatedbycomputercodesthattranslatelegalproseintoanexecutableprogram.Theyaredesignedtoensuretheperformanceofagreementsautomatically,withouthumaninvolvement.Smartcontractshavereceivedtremendousattentionlatelyasitcouldbringabouttheenormousimpacttomanyindustriesthatwillrevolutionizebusinessandredefineeconomics;smartcontractsalsohavecreatedthefearthattheywouldoverturnthelegalindustryanddisplacemillionsoflegaljobs.Therefore,itiscriticaltofirstidentifytheroleofsmartcontractsinthecurrentlegalsystemandexploremechanismsforsmartcontractstobetterservethelegalresearch,legalpractice,andlegalprofessionals,nottodisplacethelegalindustrythoroughly.Inthisarticle,theauthorproposesthatsmartcontractsassumeaninstrumentalroleaimedatservingthecurrentcontractlawsystem,insteadoftryingtobecomeanalternativetothatsystem.Embeddingsmartcontractswithinthecurrentcontractlawsystem,whichtheyfunctionasatool,representsasituationwithconsiderablemorepotentialforsuccess.Thesuccesswouldderivefromsmartcontracts’valueofincreasedefficiency.Withsuchvalue,theauthorfurtherproposesthreeguidelinesforenhancedinstrumentalfunctionalitywithintheexistingcontractlawsystemfromthreeperspectives,includingspecificationofareasofapplication,technologicalimprovement,andlegalsupport.
简介:ThankstotheeffortsjointlymadebytheChinesebuyerandtheTechnopromexportasSeller,contractsonSuizhongandYiminpowerplantprojects,identifiedascounter-tradeprojectsintheSino-SovietLongTermTradeAgreement(1986-1990),weresignedonDecember27and30,1990re-spectively.
简介:Inthispaperanewapproachisdevelopedtovaluelifeinsurancecontractsbymeansofthemethodofbackwardstochasticdifferentialequation.Suchavaluationmayrelaxcertainmarketlimitations.Followingthisapproach,thevaluesofsingledecrementpoliciesarestudiedandThiele's-typePDEsforgenerallifeinsurancecontractsarederived.
简介:Recently,aSm-GdcompoundheatinsulationceramicsmaterialcontractandanapplicationproductresearchcontractonREnano-catalystincatalyticburningenergysavingandenvironmentalprotectionweresignedbyTsinghuaUniversity,BaotouResearchInstituteofREandBaotouJingruiAdvancedMaterialsCo.,Ltd.Sm-GdcompoundheatinsulationceramicmaterialtechnologytransferprojectreliesontheexistingtechnologyofTsinghuaUniversityandutilizesabundantSm-GdbyproductofBaotoutoproducehighperforman...
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简介:Thequantitydiscountcontractsareinvestigatedforaone-supplier-one-retailersupplychainwithasymmetricinformationwhentheretailer'scostisdisrupted.Whiletheretailer'scoststructureisasymmetricinformation,twoall-unitquantitydiscountcontractmodels,fixedexpected-profitpercentagediscount(FEPD)andfixedwholesale-pricingpercentagediscount(FWPD)underasymmetricinformationareproposedinaregularscenario.Whentheretailer'scostdistributionfluctuatesduetodisruptions,the...
简介:When translating a passive clause or sentence,所增加的保险费由买方负担,甲方应予以同意
简介:which can be translated into Chinese adverbial clauses of condition. In Chinese,The adverbial clauses of time introduced by when,鉴于乙方有权并愿意向甲方转让上述专有技术
简介:TwoyearsagoIhadachancetoreadfourunpublishedSumeriantextsnewlyhousedintheOkayamaOrientMuseum,Okayama-shi,Japan.WiththegenerouspermissionofProf.Dr.TaksahiTANIICHI,DirectorGeneraloftheMuseum,Iofferthreeofthetextsbelow.
简介:Intheefforttodevelopacomprehensiveapproachtobetterandgoodjobs,itisatopicofhotdebateastowhethertheintroduction(temporarilyoronapermanentbasis)ofstatutorylegislation―differentfromthegenerallawapplyingtosubordinateworkers―mayencourageemployersandemployeestooperatewithintheformaleconomyandinthecontextofregularcontractsofemployment.Theessayanalyzesfromacomparativepointofviewnotthetraditionalformsofnon-standardemployment,butthosespecialworkingarrangements,thatmayinvolveveryshorthours(“marginal”parttime:generally,fewerthan15hoursperweek)ornopredictablefixedhours,andthoseaccordingtowhichtheemployerhasnoobligationtoprovideasetnumberofhoursofwork.Theconclusionisthatextremelyatypicalformsofworkappeartogiveananswertothechallengesofthemarketlaboroftheurbaneconomiesofthe21stcentury,butthatspeciallegalprovisionsareneededtoguaranteeindividualrighttofairwagesandtoprotectpersonallifeofemployees.
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简介:Retailpriceandpromotionaleffortaretwoimportantparametersonwhichdemandofacommoditylargelydepends.Thispaperdevelopsandanalyzesatwo-echelonsupplychainwheremarketdemanddependsonbothretailpriceandsaleseffort.Thecentralizedmodelisstudiedasthebenchmarkcase,andthewholesaleprice-onlycontractisstudiedasthebasecaseinwhicheachentitytriestomaximizeitsindividualprofit.Differentcontractmechanismsareimplementedtooutperformthebasecaseintermsofbothtotalchain'saswellasindividualprofits.Comparisonsamongthecoordinatingcontractsareprovidedsothatanyentitymaychoosethebetteronefromavailablecontractsafterthecontractparametersarenegotiated.Themodelisextensivelyexaminedthroughanumericalexample.
简介:OnOctober12thisyear,thecontractsoftheprocurementontheconverterstationequipmentforThreeGorges-GuangdongandGuizhou-Guangdong±500kVDCtransmissionprojects,know-howtransferandthesubcontractsonequipmentmanufacturinghasbeensigned.Theconstructionscaleofthetwoprojectsis