TYPES OF CONTRACTS The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations‚ there are times when another contract form may be in the best interests of the project. If a contract type other than fixed-price is intended‚ it is incumbent on the project team to justify its use. The type of contract to be used and the specific
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Partnership and Its Types Sir Saleem Abbas 10/10/2012 Islamia university of bahawalpur Partnership A partnership arises whenever two or more people co-own a business‚ and share in the profits and losses of the business. Each person contributes something to the business -- such as ideas‚ money‚ or property -- though management rights and personal liability will vary. In Pakistan the partnership firms are registered under
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When I started working a year ago‚ I was able to get along with different types of bosses. I got to know different personalities of people‚ from the rank-and-file to the managers. Some bosses are silent yet so strict while some are loud and frank yet tolerant. The high-pitched boss loves screaming and he looks for opportunities to shout at others. He has a superiority complex‚ and believes that others are wrong. In the worst cases‚ they may shout at you in front of others which can be rather
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Types of Literature: 1) Novella - A novella is the name given to a work that is longer than a short story‚ but too brief to be listed as a novel. Typically‚ most novellas can range from anywhere between 50 to 100 pages‚ though length can vary. Some literary critics characterize the maximum length of a novella to be 100‚000 words. Today‚ the novella is rarely sold as an individual work. More frequently‚ several novellas are compiled into one book‚ or a novella will be grouped with a number of
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What is a lease? A lease is a contractual arrangement where the lessor grants the lessee the right to use an asset in return for periodical rental payments. While leasing of land‚ buildings‚ and animals has been known for a long time‚ the leasing of industrial equipment is a relatively recent phenomenon‚ particularly on the Indian scene. What are the Types of Leases Finance Lease v/s Operating Lease Finance Lease: The lease transfers ownership to the lessee before the lease expires The lessee
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Types of Murderers Jeffery Dahmer 1. Was a serial killer based on the criteria provided by the text: hands on murder (most of his victims were bound and stabbed; he even attempted crude lobotomies with a hand drill). Kills are deliberate‚ premeditated and sexually predatory in nature (He lured young men in with promises of sex‚ for the purpose of murder‚ and often engaged in sexual congress with his victim either alive or dead‚ often both. Serial killers also exhibit higher levels of planning
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Additional useful information on types of risk Market or price risk relates to the uncertainty in markets and prices for both inputs (purchased for the production process)‚ and outputs (products and services for sale by the firm). Market/price risk has always been a major problem in most businesses and results from the economic forces of supply and demand. Outcome of these forces are fluctuations in the price for a commodity and/or inputs in the production of that commodity. These fluctuations
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Personality Types This world is a unique place. The people who live in this world also have unique characteristics. Every single person is different from physical appearances to personalities. Even identical twins who have identical physical appearances may not have the same personality types. Psychologists have used a variety of personality tests to identify a person’s personality type. Frank Farley‚ the president of the American Psychological Association‚ coined his own terms for how different
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What are some consequences of the Columbian Exchange? The Columbian exchange was a movement that changed the Americas permanently. The Americas were inhabited by the Indians which lived in tribes. When Conquistadores such as Cristobal Colon arrived they brought in much more than just people. Food‚ animals‚ diseases and new customs changed America. First of all the Native American population decreased because of slavery and illnesses a ninety percent. This was a huge change in the population
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My largest Type 1 and Type 2 experiences involved the entirety of my homestay in Spain. The family’s norms‚ rules‚ and style of living annoyed me and made me feel out of place. Additionally‚ my customs‚ habits‚ and lifestyle annoyed the family at multiple points during my short five month stay with the family. Quite frankly‚ I had no idea that cultural differences could lead to so much frustration and my Type 1 and Type 2 experiences were emblematic of that belief. I had my first Type 1 experience
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