If Kevin and Jane both have notes indicating the same understanding of the modified terms and an "intent to be bound" to the contract, a court might decide that the faxed edits merely formalized a contract that already had been formed.
The findings are aligned with the idea that both economic incentives and hierarchical relationships formalized in contract agreements require being internalized in working practices by means of informal and socially based mechanisms.
In a decentralized supply chain, i.e., one with multiple loci of control, the dependencies between the entities are formalized through contracts.
The contractual mechanism refers to the extent to which the collaboration is detailed and formalized in contracts.
This would mean that affiliate organizations could no longer rely on using personal information based on their own internal policies, but would need to show, among other things, a robust accountability framework, formalized written contracts and adequate data governance practices as between them.
The financial arrangements between the funding agency and the research partners are formalized in contracts defining respective roles and responsibilities, and they may be quite complex.
The Phillies and Lee must still formalize their contract, but the sides have agreed on a five-year deal for $120 million, with a vesting option for a sixth year based on innings pitched that would bring the total to $135 million.
The second approach, contractarianism, uses game theory (especially bargaining theory) to formalize social contract theory.
The interaction between accessors and actors via time-stamped events forms a "horizontal contract," formalized in this paper as an interface automaton.
Before construction can begin, the state attorney general has to approve the sale and the congregation, which is dispersed, has to convene to formalize any contracts.
Their financial arrangements would later be formalized as PSC contracts, in order to provide them a space outside of the ANSF reforms that were undertaken beginning in 2005.
