Because of security problems, a shortage of officials who are skilled at writing and executing contracts, and endemic corruption, many of the ministries have either left their rebuilding money unspent or poured it into projects that have had a marginal impact on the quality of life for Iraqi citizens.
In the absence of inter-firm linkages to help them with global opportunities, almost all small firms start by executing contracts which originated from the founders' personal networks.
According to Levine (2004), financial development occurs when financial instruments, financial markets and financial intermediaries, reduce without necessarily eliminating the costs of obtaining information, the costs of executing contracts and the costs of transaction, as a consequence do a better job by offering financial functions.
For example, representatives of GAVI and partners like the World Health Organization (WHO) and the United Nations Children Emergency Fund UNICEFF) are required to complete a COI disclosure form when executing contracts or participating in meetings where decisions for the procurement of drugs and vaccines are being taken [ 9].
"I need to keep showing the apartment until I have a fully executed contract of sale".
Her presentation was met with the news that the sellers already had a fully executed contract.
A day later, they raised their offer to $1.66 million, only to learn that a fully executed contract had been made the previous day.
Last year, a broker promised a pair of tickets to the World Cup soccer final to the agent who brokered a fully executed contract at the Centurion, a condominium on West 56th Street.
Here, the only binding agreement between buyer and seller is a fully executed contract -- that is, one signed by both parties and sealed with a cashed check tucked safely into an escrow account.
The submission of end customer information for those brokers who personally execute contract changes is then only possible in electronic form.
The net effect of the reduced process demand and the increased profit margin is positive and justifies the elimination of paper-based submission for brokers who personally execute contract changes.
