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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damage and harm to the local economy. Three Types of Droughts Meteorological drought—this type of drought is all about the weather and occurs when there is a prolonged period of below average precipitation‚ which creates a natural shortage of available water. Agricultural drought—this type of drought occurs when there isn’t enough moisture to support average crop production on farms or average grass production on range land. Hydrological drought—this type of drought occurs when water reserves in
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Types of Teachers Teachers A teacher could simply be defined as one who teaches‚ or an individual who imparts information or skill to a person. Different types of teachers have different methods of passing on their knowledge. There are three types of teachers informative‚ nonchalant and friendly. There are specific teachers for each students and it is the student’s job to figure out which type of teacher is compatible with their way of learning. First‚ an informative teacher is the type of teacher
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Types of Depression Depression is now considered as the most common mental illness. As of September 20‚ 2012‚ the Centers for Disease Control (CDC) reported that about 9 percent of Americans are experiencing depression and 90 percent of suicidal reports are commonly caused by depression. The brain has a certain chemicals that work to keep your moods balanced. When your brain is not generating enough of these chemicals‚ there’s a tendency for you to become depressed. Depression is commonly referred
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Goverment The Republic of Korea‚ commonly known as South Korea or the Korea Republic is an East Asian country on the southern half of the Korean Peninsula. To the north‚ it is bordered by North Korea (Democratic People’s Republic of Korea)‚ with which it was united until 1945. To the west‚ across the Yellow Sea‚ lies China and to the southeast‚ across the Korea Strait‚ lies Japan. Approximately one-half of South Korea’s population lives in or near the capital Seoul‚ the second most populous metropolitan
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Types of Buckling Engineering is one discipline that is based on several different phenomenon and concepts. Each concept in engineering is as important as other and they all work together to give rise to some new techniques. One phenomenon that is extremely beneficial and widely used in engineering and science is buckling. Buckling is nothing but a phenomenon of mathematical instability‚ which leads to a special failure mode. When a system in equilibrium is subjected to additional load‚ it buckles
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Running head: Types of Bankruptcy 7.1 Assignment Edward Lee Brown ITT Technical Institute 3 November 2012 Types of Bankruptcy Although bankruptcy is complicated and the exact steps can vary from state to state‚ each chapter of bankruptcy uses the same terminology and follows the same basic process. Two main parties are involved in bankruptcy filings -- the debtor and the creditor. The debtor is the party who has debt‚ or owes money‚ to the creditor. A debtor can be a company
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TYPE OF UNEMPLOYMENT There are four type of unemployment that are: 1. Frictional unemployment This type of unemployment is temporary. There are three main groups that belong in this type of unemployment. i. People who look for a job for the first time such as fresh graduate and school leaver. ii. Re-entrants or people who quit their job to rest but want to work again. For example‚ a house wife who quit her job to raise her children and rejoin the labour force again when the children are all
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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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| Types Of Gears | Gear Type | Description | Photo | Spur Gears | Spur gears are by far the most common type of gear and with the exceptions of the "cog" the type of gear that has been around the longest. Spur gears have teeth that run perpendicular to the face of the gear. | | Helical Gears | Helical gears are very similar to spur gears except the teeth are not perpendicular to the face. The teeth are at an angle to the face giving helical gears more tooth contact in the same area. Helical
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