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Contracts that govern transactions between regulators and operators are an important feature of service delivery in public transport.
"We ought to go back to the European structure, where it's more what makes sense than what the specific rules are that govern transactions".
Transaction cost economics has developed to inform whether markets (or market-like incentives) versus hierarchies or regulation should be used to govern transactions ([ 4, 45, 46].
This one is just about conducting business and the various laws that govern transactions.
Investors should carefully review the rules that govern transactions involving capital assets to avoid dealer status and associated capital gains issues.
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The tax laws governing transactions like those contemplated by the Ayers family are complex.
In addition to domestic banks, including commercial, development, and Islamic banks (institutions bound by strict religious rules governing transactions), licensed foreign banks are also authorized to operate.
If sharing were the dominant model governing transactions, one would expect a relatively low level of reciprocity.
But as lawmakers hear complaints from business leaders and constituents, several have become more willing to discuss changing, clarifying or in some cases scrapping sections of the law governing schools, government transactions and several of the law's stiff penalty provisions.
The solution is for both parties to adhere to the standards of behavior that customarily govern such transactions.
When mortgage securitization took off in the 1980s, the contracts to govern these transactions were written carefully to satisfy not just well-settled, state-based real estate law, but other state and federal considerations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com