A domino effect or chain reaction is the cumulative effect produced when one event sets off a chain of similar events. The term is best known as a mechanical effect, and is used as an analogy to a falling row of dominoes. It typically refers to a linked sequence of events where the time between successive … Read more
Every action produces a reaction and a result which in turn produce repercussions. The child throws the ball (action) which pushes the air (reaction) which creates a current of air (1st repercussion) and breaks a window of a house (result); His parents must pay for the breakage and he will be punished (2nd and 3rd … Read more
Which currency is stable over time and not subject to inflation? None. The reason why is simple: Every currency is: A borrowing tool for the government, directly generating severe inflation. Victim of poor management. Political No longer covered by gold. Historically, the gold standard secured against effects of inflation and deficit spending. It was guaranteeing … Read more
A Term Sheet is a non binding document outlining the terms and conditions of a transaction, a contract, or of an offering. A Term Sheet differs from a Letter Of Intent in structure because it enumerates a list of terms while the other is formatted as a letter and because it is merely a draft … Read more
Sequel to my article: Story for understanding music Copyrights As the music score is only the dna of a music work, Mr. Composer Author and Ms. Lyricist Author, the Co-Author couple need singers and musicians (interpretors) to give their music score life so that it becomes a Music Work. It is more than a caterpillar … Read more
First, let’s understand authoring rights: Mr. Composer Author married Ms. Lyricist Author, and thus they became the Co-Author couple. Together, they embarked on the creative journey of producing music. Their collaboration led to the creation of a Music Score, which can be likened to the DNA of a future musical work. The Music Score is … Read more
When one sees a stock quote, especially when one possesses this stock, one always thinks that this price applies to its entire participation. Besides, is it not on the basis of stock price that one calculates market valuation, in other words the price that would cost the purchase of all the shares of the company? … Read more
When we organize the initial public offering of a foreign company in the United States, we usually need to make the foreign company become a wholly owned subsidiary of the U.S. corporation, or to merge the Foreign Company into the U.S. corporation. Need or Necessity for a Swap Whichever is the method, it is almost … Read more
The Secret originates from the law, either as attributed to a profession, then it will be called Professional Secret or as attributed to those who exercise a state authority. It will then be designated as Secret of Function. Confidentiality emanates from private law, mainly as the result of a contractual clause or of a contract. … Read more
The smart contract is a small computer application simulating the operation of a contract: The manifestation of reciprocal and concordant wills, materialized by several valid consents, to exchange a good or a service, according to pre-determined terms, sometimes in the form of firm commitments, sometimes in the form of conditional commitments. The reliability of the … Read more
