• Title/Summary/Keyword: Commercial Law

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Study on the Current status and prospects of China aviation industry (중국 항공산업현황 및 전망에 관한 연구)

  • Lee, Ki-Heon;Hwang, Ho-Won;Oh, Young-Jin
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.22 no.1
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    • pp.51-64
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    • 2014
  • According to the prediction of Aviation Industry Corporation of China, in the next 20 years, China will have an increase of 4,583 civilian airliners, including 3,682 jumbo jets and 901 regional aircrafts. Chinese commercial aviation aircraft market will undoubtedly grow rapidly. until the year 2030, China's share of the global aircraft fleet will increase from 9% to 15%. In addition, the business jet market has a huge growing room in the global industry, the deliveries will reach 10,000 units in the next 10 years, and the Chinese market deliveries will reach 23,600 in the next 20 years. China's aviation market, is and will be enormous in the future. It is one of the main engines of economic growth in the field. China's civil aviation transportation is based on dazzling economic development. Air transport is the fastest growing power for the time being. China's aviation sector will have an average annual gross of about 10%, and more likely to continued growing and it is expected to be world's major aviation market around the world. As the result, since one of future the important industries will be emerged, Air policy enforcement and considering the reality of our future prospects for the airline industry presented.

Numerical Study of Internal Flow in Twin Screw Extruder and Its Mixing Performance Analysis (이축 스크루 압출기내 유동의 수치 해석과 혼합 성능 분석)

  • Kim, Nak-Soo;Kim, Hong-Bum;Lee, Jae-Wook
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.30 no.1 s.244
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    • pp.32-41
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    • 2006
  • We analyzed the non-Newtonian and non-isothermal flow in the melt conveying zone in co-rotating and counter-rotating screw extruder system with the commercial code, STAR-CD, and compared the mixing performance with respect to screw speed and rotating direction. The viscosity of fluid was described by power-law model. The dynamics of mixing was studied numerically by tracking the motion of particles in a twin screw extruder system. The extent of mixing was characterized in terms of the residence time distribution and average strain. The results showed that high screw speed decreases the residence time but increases the shear rate. Therefore higher screw speed increases the strain and has better mixing performance. Counter-rotating screw extruder system and co-rotating screw extruder has the similar shear rate with the same screw speed in spite of different rotating direction. However, the counter-rotating screw has good mixing performance, which is resulted from longer residence time than that of co-rotating screw extruder.

The Development of In-Plane Displacement Measurement System on Laser Speckle Interferometry (레이저 스페클 간섭법을 이용한 면내변위 측정시스템 개발)

  • Yoon H.S.;Kim K.S.;Park C.J.;Choi T.H.;Choi J.S.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2005.06a
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    • pp.556-560
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    • 2005
  • The measurement method by Laser Speckle Interferometry which uses the interference law which will grow precedes and with it explains a resolution measurement ability and together the change of place arrowhead and general measurement, at real-time measurement sensitivity it has application boat song from candle precise measurement field it is increasing. But, currently the domestic application technique to sleeps and optical science military merit by optical science interferometer and directness it composes purchases to the level which it applies the expensive commercial business equipment the outside and in spite of the technical ripple effect is deficient even in many strong point. The hazard which complements like this problem point form technical development it leads from the research which it sees and an application degree and to sleep as the measurement equipment which tries to develop the small-sized optical science interference sensor and an interpretation program it raises it does.

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Spotlighting Engineering Service Business in Korea (각광받는 한국의 기술용역업)

  • Cho Kyu Shim
    • Proceedings of the Korean Professional Engineer Association Conference
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    • 1987.12a
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    • pp.65-71
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    • 1987
  • All Korean professional engineer′s great joy Is to welcome the Japanese professional engineers and relevant guests to the 1987 Japan-Korea Professional Engineers Joint Convention organized by the Korean Professional Engineers Association. As there exists an effort of blood, sweat and tear behind a succeeded theatrical stage, so an exquisite devotion with drawing up a master plan, investigation, supervision and etc by engineering firms is soaked through every part of huge construction projects and large unit factory buildings. It is over 14 years that the Engineering Service Promotion Law has been enacted by the Ministry of Science and Technology. In the meantime, the domestic engineering (engineering service) have reached a remarkable higher level while the number of engineering firms participating in overseas market has gradually been increasing. From a small scale of under water investigation to a large scale planning of atomic reactor or petrochemical plant, engineering service business can be said "The Software of Total Industry." Engineering service is what is called a higher business which offers specialized engineering know-how and experience. Engineering service compaines offer Its specialized knowledge and experience to government, industry and commerce. Whether the task is to modernize plant equipment, to design a building or to manage construction, an engineering company will develop and implement the most appropriate and cost effective solution. Clients use the engineering service of firm knowing that the engineer′s professional judgement is not influenced or biased by other commercial affiliations. While benefiting from the diverse experience that professional engineers can apply to a specific problem, government and industry also reduce the need for permanent in-house engineering staff. Engineering firms may be specialized or multi-disciplinary.

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A Study on the Air Travel Safety of Infants and Children (영유아 항공 여행 안전성에 관한 고찰)

  • Kim, Sun Ah;Choi, Youn Seo;Kim, Sun Ihee
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.26 no.3
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    • pp.93-104
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    • 2018
  • It is mandatory to use car seats for infants and children in the private vehicles in accordance with the traffic law of Korea. Recently, legislation has also been proposed to expand the use car seats to express and intercity buses. This reflects a growing consensus that mandatory infant and child car seats, both for private and commercial vehicles, are essential. However, Korean laws concerning infants and children on board aircraft allow parents or guardians to hold children under two years of age on their laps without any restraint devices. It is not possible for a parent to physically restrain an infant or child, especially during a sudden acceleration or deceleration, unanticipated or severe turbulence, or impact. The use of CRS provides an equivalent level of safety to infants and children as that afforded to adult passengers wearing seat belts. But there is no regulation even about Child Restraint Systems on board aircraft in Korea. To enhance their safety, infants and children should be restrained in an approved child restraint system that is appropriate to their weight and height. It is necessary to examine whether infants and children in flight can achieve the same level of safety as an adult.

A Study on Internet Knowledge Markets and Copyright Issues in Korea (인터넷 지식거래소와 저작권에 관한 연구)

  • Noh, Young-Hee
    • Journal of the Korean Society for information Management
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    • v.24 no.1 s.63
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    • pp.121-145
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    • 2007
  • This study aims to identify copyright issues regarding the knowledge content currently circulated through knowledge exchange markets in the Republic of Korea. The content providers of knowledge exchange markets comprise government & public institutions, full-text database companies, publishers and individuals. It is worth noting that commercial trade of copyrighted content or material among academic journals, database companies and knowledge exchange markets essentially exclude individual authors who are the actual copyright holders. In principle, the original author owns the copyright whether it has an explicit notice or not. Unless the author/owner officially agrees to transfer the copyright including the right for so-called "derivative works", content-making based or derived from the copyrighted material, digitalization of the copyrighted work as well as its registration on full-text database and circulation through knowledge markets are illegal.

Design and performance validation of a wireless sensing unit for structural monitoring applications

  • Lynch, Jerome Peter;Law, Kincho H.;Kiremidjian, Anne S.;Carryer, Ed;Farrar, Charles R.;Sohn, Hoon;Allen, David W.;Nadler, Brett;Wait, Jeannette R.
    • Structural Engineering and Mechanics
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    • v.17 no.3_4
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    • pp.393-408
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    • 2004
  • There exists a clear need to monitor the performance of civil structures over their operational lives. Current commercial monitoring systems suffer from various technological and economic limitations that prevent their widespread adoption. The wires used to route measurements from system sensors to the centralized data server represent one of the greatest limitations since they are physically vulnerable and expensive from an installation and maintenance standpoint. In lieu of cables, the introduction of low-cost wireless communications is proposed. The result is the design of a prototype wireless sensing unit that can serve as the fundamental building block of wireless modular monitoring systems (WiMMS). An additional feature of the wireless sensing unit is the incorporation of computational power in the form of state-of-art microcontrollers. The prototype unit is validated with a series of laboratory and field tests. The Alamosa Canyon Bridge is employed to serve as a full-scale benchmark structure to validate the performance of the wireless sensing unit in the field. A traditional cable-based monitoring system is installed in parallel with the wireless sensing units for performance comparison.

Xenon in molten salt reactors: The effects of solubility, circulating particulate, ionization, and the sensitivity of the circulating void fraction

  • Price, Terry J.;Chvala, Ondrej;Taylor, Zack
    • Nuclear Engineering and Technology
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    • v.52 no.6
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    • pp.1131-1136
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    • 2020
  • Xenon behaves differently in molten salt reactors (MSRs) compared to solid fuel reactors. This behavior needs exploring due to the large reactivity effect of the 135Xe isotope, given the current interest in MSR power plant development for commercial deployment. This paper focuses on select topics in xenon transport, reviews relevant past works, and proposes specific research questions to advance the state of the art in each of the focus areas. Specifically, the paper discusses the issue of xenon solubility in MSRs, the behavior of particulates circulating in MSR fuel salt and its influence on the xenon transport, the possibility of ionization of xenon atoms which changes its effective size and thus affects its mass transport, and finally the issue of circulating void fraction and how it is measured. This work presents specific recommendations for MSR designers to research the limits of Henry's law validity, circulating particulate scrubbers, validity of mass transport coefficients in high radiation fields, and the effects of pump speed on circulating void fraction.

Arbitration Agreement's Binding Effect on Non-Signatory (중재합의의 제3자에 대한 효력)

  • Kim, Gee-Hong
    • Journal of Arbitration Studies
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    • v.17 no.3
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    • pp.101-119
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    • 2007
  • Arbitration is contractual by nature. One cannot be required to submit to arbitration any dispute which he has not agreed to so submit. As commercial transactions become increasingly complex, involving multiple parties and numerous contracts for a single transaction, however, limiting the parties who are subject to arbitration to only those who have signed a contract containing an arbitration clause would frustrate the purpose of such arbitration clause and might lead to injustice among the relevant parties. Therefore, U.S. courts have recognized a number of theories under which non-signatories may be bound to the arbitration agreement of others: (1) incorporation by reference; (2) assumption; (3) agency; (4) veil-piercing/alter ego; and (5) estoppel. Incorporation by reference and veil-piercing theories have already been recognized by Korean courts. Agency theory and estoppel theory are not recognizable under Korean law. However, the same or similar result may be achieved by applying the third party beneficiary theory or assumption by third party theory. Although a couple of Supreme Court cases appear to be at odds with the assumption theory, on the basis of the recent amendments to the Arbitration Act, such court precedents can be and should be reversed.

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Case Studies and Implications on Development Strategies of International Arbitration Hub in Major Asian Countries: Focused on Singapore and Hong Kong (아시아 중재 선진국의 국제중재 허브 육성전략 사례 분석 및 시사점 - 싱가포르와 홍콩을 중심으로 -)

  • Lee, Sangha;Ha, Choong-Lyong
    • Journal of Arbitration Studies
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    • v.29 no.4
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    • pp.101-120
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    • 2019
  • This study examines the development strategies of the arbitration industry in Singapore and Hong Kong, and its purpose is to provide implications for the development of the arbitration industry in South Korea. The main strategies implemented by Singapore and Hong Kong to develop the arbitration industry are as follows: first, improvement of the arbitration law system; second, active support of the government for promoting the arbitration industry; third, build up of an effective arbitration expert training system; and fourth, an arbitration-friendly attitude of the court. In order for South Korea to become an international arbitration hub in Northeast Asia, it is necessary to refer to the above-mentioned strategies. In addition, South Korea needs to develop marketing strategies that can differentiate itself from Singapore and Hong Kong, such as the development of an arbitration system in connection with the 4th Industrial Revolution, differentiation of the disputes sector, use of geographical advantages and a penetration pricing strategy, and support of the Korean Commercial Arbitration Board. In terms of marketing strategy, there are few studies on the development strategy of the arbitration industry in South Korea. In this respect, this study has academic value and differentiation.