• Title/Summary/Keyword: commercial application

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The Purposes of the UNIDROIT Principles of International Commercial Contracts (국제상사계약(國際商事契約)에 관한 UNIDROIT 원칙(原則)의 의의(意義))

  • Choi, Jun-Sun
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.227-252
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    • 1999
  • In this Article the writer introduces the origin and preparation of "the UNIDROIT Principles of International Commercial Contracts". In May 1994 the Governing Council of the UNIDROIT gave its formal imprimatur to the UNIDROIT Principles and recommended their widest possible distribution in practice. After brief discussion of the establishment procedure of the UNIDROIT Principles the writer discusses the legal nature of the Principles as an international restatement of contract law. The UNIDROIT Principles has more flexibility than international convention. But it has deficit in the sense of legal stability. Also the scope of application of the Principles was discussed. It can be applied only to the international commercial contracts. It includes two basic principles in it's application, i. e. "commercial contracts" and "international contracts". For the rest of the Article the writer concentrates on the contents of the Principles and the basic ideas underlying the Principles from the point of view of the comparision between the UNIDROIT Principles and "the UN Convention on the International Sale of Goods" (CISG). The UNIDROIT Principles are only restatements and the CISG is an international convention. The application of the CISG is obligatory due to its nature as an international convention. In the contrary the possibility of the application of the UNIDROIT Principles is more flexible. The UNIDROIT Principles is a more comprehensive instrument than CISG. Therefore it can be applied to all kinds of international commercial contracts. In the contrary the CISG can be applied only to international sales contract. Since CISG only deals with contracts for the sale of goods, and the scope of the UNIDROIT Principles is much wider, no overlap can occur where contracts other than sales contracts are concerned. Rather the UNIDROIT Principles can supplement the CISG and the CISG also can be criteria in interpreting the UNIDROIT Principles. As the conclusion the writer summarizes the meanings of the UNIDROIT Principles and presupposed the futur perspectives of the Principles.

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A Study on the Actual Construction Database Modeling and Application for Commercial Buildings (상업건축물의 공사칠적 데이터베이스(DB) 모델구축 밑 응용방안)

  • Kim Sun-Kuk;Lee Sung-Ho;Kim Tae-Hui;Joo Jin-Kyu
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.1 s.9
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    • pp.83-90
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    • 2002
  • Actual construction data are unsystematically handled and uselessly hoarded after completion of the project although actual construction data can be applied to the various works of the future projects. Many researches have been carried out by several engineers and scholars of construction firms and research institutes, but the level of the application is not plausible yet. The objective of this paper is to propose a web-based data model and application system for commercial buildings in order to enhance the usability of the actual construction data on line. The principal factors of commercial building project data and the user$^{\circ}{\phi}s$ requirements in various areas, such as planning, design, procurement and construction and so on are analyzed to implement the database structure of the proposed system. The application of resource Information focused on cost, manpower, equipment is included in the system, which is expected to enhances the usability of actual database application system compared with other researches proposed so far.

Performance Evaluation for a Multiprocessor Computer System Using a Commercial Workload (상용 작업부하를 이용한 다중프로세서 컴퓨터 시스템 성능 평가)

  • 박진원
    • Journal of the Korea Society for Simulation
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    • v.8 no.1
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    • pp.35-49
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    • 1999
  • The CC-NUMA based, distributed shared memory is an emerging architecture for multiprocessor computer systems because of its scalability and easy of programming. In this paper, we analyzed performance of a ring-based, CC-NUMA multiprocessor computer system using a commercial workload targeted for popular OLTP applications. Based on the traces collected from real machines, the characteristics of the commercial workload could be obtained. The simulation results showed that the bottleneck on the ring could be effectively removed by using a dual ring structure. We believe our simulation methodology and results will help us to design better multiprocessor computer systems for commercial application domains.

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A Consideration on Fraud Exception and the Principle of Independence under the L/C transaction (신용장의 독립성의 원칙의 예외로서의 사기원칙에 관한 고찰)

  • Lee, Jong-Won
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.34
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    • pp.55-74
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    • 2007
  • The documentary credit has been functioning as an indispensable tool for making international commercial transactions safer throughout the world since ICC adopted the second revision of the Uniform Customs and Practices for Commercial Documentary Credits in 1962. Letter of Credit transaction should be cleared by the principle of the trust and integrity and vile partners sometimes make a fraud on the L/C by the misinterpretation of the documents. As there is no rule but no exception, exception from application of these principles is allowed. The fraud exception nile constitutes contracting out an application of basic principles, this rule should apply restrictively and in many authorities a court does not apply this rule to nominated bank, confirming bank, and bona fide holder of draft even if fraud is involved in L/C transactions. If not, we lose a lot of benefits from the credit as valuable commercial device through reservation of these principles to take a few benefits. So, We need to recognize that the fraud exception rule should be applied restrictively. Therefore, this study reviewed condition of application and exception from application of fraud exception rule in view of Cardozo's opinion, the Sztejn court, and UCC Sections-114(2).

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The Analyzing on Application Cases of UNIDROIT Principles In International Commercial Arbitration (국제상사중재에서 UNIDROIT원칙의 적용사례 분석)

  • Hong, Sung-Kyu
    • Journal of Arbitration Studies
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    • v.21 no.1
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    • pp.131-155
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    • 2011
  • PICC executes its role as a useful lex mercatoria in the continuously increasing international trade to be adopted as the standard criterion of prevention or dispute resolution. When considering the fact that GISG has not presented results beyond expectation in the past due to hard laws and legal deficiency, PICC, which possesses interpretation and supplementation function, is considered undoubtedly useful particularly in international commercial arbitration. As observed in the previously mentioned analysis on cases accumulated in UNILEX, PICC application and Arbitral tribunal in international contract between parties possess considerably large claim possibility and the number of actual application cases is continuously increasing. The fact that PICC has been composed as maximum common measures of continental and common law systems by traditional comparative legal scholars familiar with international trade can function as the fundamental principle in future global trade activity and can also act as the model law for uniting contract laws of nations. In this aspect, PICC can be evaluated to have considerably achieved enactment purpose of previous intention. However, additional topics that had not been accepted in the revised edition of PICC remain as assignments requiring solution, such as analysis and acceptance problem of comparative law, PR of PICC unfamiliar even to the relative parties of international trade and application in international contract, and absorption problem as model law in various domestic laws.

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the Application and Structural Behavior of Ultra High Strength Concrete on Sam Sung Sin-Dae Bang project. (초고층 주상복합 건물에의 초고강도 콘크리트의 시공 및 구조적 성능)

  • 신성우;이광수;최종수;유석형;안종문;윤영수;성상래;백승준;이승훈
    • Proceedings of the Korea Concrete Institute Conference
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    • 1994.10a
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    • pp.313-318
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    • 1994
  • This paper present the application and Structural Behavior of Ultra-High Strength Concrete on Samsung Sin Dae-Bang Housing-Commercial Combined building with 28 story including 8 story basement in seoul. 70 MPa compressive strength has been placed for all 8 basement shear wall. 42 MPa design strength concrete was used for other basement and frame up to 10th floor which us used for commercial purposes

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Delimitation of Jurisdiction of Commercial, Civil and Administrative Courts: IT Challenges

  • Baranenko, Dmytro;Stepanova, Tetiana;Pillai, Aneesh V.;Kostruba, Anatolii;Akimenko, Yuliia
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.85-90
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    • 2022
  • In modern conditions of the development of public relations, there is a continuous development of technologies. This not only reflects the convenience of service users, and new technology but also contributes to the emergence of new disputes to protect the rights of stakeholders. Therefore, it is urgent to study the distinctions between the jurisdiction of commercial, civil and administrative courts in resolving IT disputes. The work aims to study the peculiarities of delimitation of the jurisdiction of commercial, civil, and administrative courts through the prism of IT measurement. The research methodology consists of such methods as a historical, comparative-legal, formal-logical, empirical, method of analogy, method of synthesis, method of analysis, and systematic method. Examining the specifics of delimiting the jurisdiction of commercial, civil, and administrative courts through the IT dimension, it was concluded that there is a problem in determining the jurisdiction of the court. In addition, the judicial practice on this issue is quite variable, which negatively affects the predictability of technology in resolving potential disputes. In this regard, the criterion models for distinguishing between commercial, administrative, and civil proceedings according to the legal classification of the parties, as well as the nature of the claim are identified. This separation will contribute to a more accurate application of legal norms and methods of application of administrative norms and reduce the number of cases of improper proceedings.

Study of Advanced Control for Chemical Process Using the Commercial Package PCTP Based on Model Predictive Control Algorithm (모델예측제어기반 상용 Package PCTP를 이용한 화학공정의 제어 고도화 연구)

  • Park, Jun-Ho;Park, Ho-Cheol;Lee, Moon-Yong
    • Journal of Institute of Control, Robotics and Systems
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    • v.13 no.11
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    • pp.1128-1136
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    • 2007
  • This paper presents an application study of a model predictive control based commercial package PCTP to real chemical processes. The first case study concerns a product purity control of a splitter process which distillates styrene from undesired component ethyl-benzene produced from ethyl-benzene dehydrogenation reaction. The second case study is about a temperature control of ethyl-benzene dehydrogenation reactor and an excess oxygen control of the fired heater. Optimum control structure for MPC application is developed for each case study. The application results show a significant improvement in control performance and stability.

High Luminance $Zn_2SiO_4:Mn$ Phosphors Prepared by Homogeneous Precipitation Method

  • Sohn, Kee-Sun;Choi, Yoon-Young;Jung, Ha-Kyun;Park, Hee-Dong
    • 한국정보디스플레이학회:학술대회논문집
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    • 2000.01a
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    • pp.31-32
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    • 2000
  • $Zn_2SiO_4:Mn$ phosphors have been recently spotlighted as a green component for plasma TV application. Commercial phosphors such as P1 and P39 have been known to be a very efficient green light emitter for lamp and CRT application. Unfortunately, such commercial phosphors are not suitable for the plasma TV application as both the emission intensity and the decay time do not meet the requirement for plasma TV. The present investigation aims at improving the existing $Zn_2SiO_4:Mn$ phosphors for the purpose of adapting them to PDP application.

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Memory Behavior in Scientific vs. Commercial Applications

  • Kim, Taegyoun;Heejung Wang;Lee, Kangwoo
    • Proceedings of the IEEK Conference
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    • 1999.11a
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    • pp.421-425
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    • 1999
  • As the market size of multiprocessor systems for commercial applications, parallel systems, especially cache-coherent shared-memory multiprocessors that are conventionally designed for scientific applications need to be tuned in different fashion to achieve the best performance for new application area. In this paper, indepth investigation on the memory behavior which is the primary cause for performance changes were made. We chose representative benchmarks in scientific and commercial application areas. After running execution-driven simulation for bus-based cache-coherent shared-memory multiprocessors, we experienced significant differences and conclude that the systems must be carefully and differently designed to achieve the best performance when they are built for distinct applications.

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