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AH: Companies, at the end of the day, don't exist – they're just a bundle of contracts.
In the 1980s, law professors would talk about corporations as nothing more than a bundle of contracts, but modern corporate finance is making that a reality.
The bundle of contracts at stake cover 1,100 bus routes, or about one-sixth of the Department of Education's total routes, and will expire June 30.
A corporation is not simply a "bundle of contracts" but is an organization consisting of assorted individuals occupying contract-governed roles.
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The implication of the findings is that designing a bundle of contract attributes focusing on a promotive social safeguard approach likely keeps the participating smallholders in the schemes.
The new rules require agencies to carefully consider and justify bundling of contracts and to provide a rational explanation detailing why the bundled contract cannot be split among multiple small businesses.
The notes - named Distributed Energy Asset Receivables, or DEARs - represent a bundle of customer contracts, with an average contract present value of $300.
Hudson, like Goldman's 25 Abacus deals, was a synthetic collateralized debt obligation, which is a bundle of insurance contracts on mortgage bonds.
The computer models they used were specifically designed by the Department for Transport to deal with a whole bundle of franchise contracts due for renewal in the next few years.
The results show that a bundle of the contract attributes that could increase local communities' utility are provision of road improvement, higher expected income, and higher timber production insurance.
Autonomous agents (bundles of smart contracts acting like rich applications) on the blockchain hold the promise of eliminating agency and coordinating costs, and can perhaps even lead to highly distributed enterprises with little or no management.
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