Search results for keyword: negotiated
debt settlement receiver
Debt Settlement Receipt
When an individual or a business owes debts to external creditors or entities, debt settlement is the process of negotiating with creditors to reduce the total amount of debt owed and agree on a payment structure that fits within the debtors budget. A debt settlement recei......
1067 
Sophie
Union funds
Introduction
In recent years, the union fee is an important factor in the overall expenses of organizations. As union fees form an important part of the businesses’ financial considerations, it is very important that we determine the best ways to use union fees in a way that is effective and ben......
collective contract system
Collective Contract System
Collective contracts are an important form of labor management by organizations, and a basic system of labor relations between employers and employees. In essence, collective contract is an agreement negotiated between employers and labor union for collective labor rela......
Standard Cost Management
Standard Cost Management
Standard cost management is a process for controlling labor, material, and overhead costs for producing manufactured goods or providing services. The process includes setting predetermined standards for cost elements, monitoring actual costs against those standards, and t......
fixed-based substitution
Alternative Dispute Resolution
Alternative dispute resolution (ADR) is a faster, cheaper, and less formal method of resolving disputes without traditional litigation. The most common forms of ADR are mediation, arbitration, and collaborative law. All of these methods involve an independent third ......
M&A transaction law
Mergers & Acquisitions: The Law
Mergers and acquisitions (M&A) are a business combination of two or more entities. In such a case, one company or organization buys the other and forms a new company all together. While the mechanics of the process may appear simple, the legal aspects of each agree......
Negligence in contracting
Breach of Contract: Apportionment of Liability
A contract is an agreement between two or more parties to a specific undertaking on specific terms. Where there is a breach of that contract, it is necessary to apportion liability. In most cases, parties to a contract are equally liable for any bre......
Standard annual salary
Position: Standard Salary
Standard pay rates provide security and consistency for employees, while also giving employers a reference point to inform their salary offers and bonuses. Standard salary is determined by factors such as the type and scale of the business, the job title and experience l......
Strategic Sourcing
Strategic Procurement
Strategic Procurement is an umbrella term that covers a range of activities aimed at optimizing a company’s spending on external services and products, as well as its relationships with suppliers. Strategic procurement involves the setup of a strong and resilient supply cha......
financial contract
Financial contract
A financial contract is an agreement between two or more parties, usually regarding an exchange of monetary assets. Financial contracts are intended to ensure that assets are managed responsibly and that contractual obligations are met. They also help to prevent disputes arisin......
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