The formality of contracts is not external to the substance of business interactions, but a way of articulating, facilitating and simplifying the complexity of business interactions.
We shall only promote transactions or structures that have both substance and business purpose".
An umbrella contract, in particular, is an abstraction of possibility and a refined version of the substance of business interaction in which resource leveraging may or may not occur.
In the case of George W. Bush, it could well have been, "Where else but America can a spoiled brat, substance-abusing, business failure whose own mother expected nothing of him get elected president?" Whatever Bush's subtext, he was able to project far more of that "in love with America" feeling than Kerry.
My challenge has always been to manage the continuity and to maintain the substance of my business over the years of changing countries and consequently, business environments.
Such an approach would sharply limit the temptation to inflate shareholder value at the expense of business substance.
Highly abusive devices are defined as those that rely on techniques that the courts have already found to be shams and which lack economic substance or a business purpose other than evading taxes.
In that, it served as a counterbalance to the New York Times itself both in substance and in business model — the idea behind About.com being very high traffic and advertising sold against that.
Businessman Mark Cuban continued his crusade against Donald Trump on Tuesday by targeting the presumptive Republican nominee's lack of substance and failed business ventures.
Physicians in those States will not be prosecuted for prescribing the substance, and local businesses will not be shut down for dispensing the same.
