• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.32
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• pp.3-27
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• 2006

The Pennzoil case and the SME case illustrate the difficulties which originate from inadequate drafting of letters of intent. In both cases the judges had to face the crucial question as to whether or not a given letter of intent had a binding nature; they had in other words to decide whether the wills expressed in such letters still belonged to the pre-contractual stage, or whether their incorporation into a pre-contractual document meant that negotiations were over and binding obligations had already arisen for the parties. In other words, some problems may occur when a party has documented a stage in the negotiations by letters of intent. The letters may well explicitly spell out if, and to what extent, the parties should be bound by what they have already agreed or to carry on negotiations in order to reach the final contract. But if the letters are silent, some problems would arise. Contracting parties are, therefore, well advised to spell out if, and to what extent, they should be bound by such preliminary agreements. Here again, it might be prudent to explicitly set forth that the parties should not be bound until there is a final written contract signed by authorized representatives of the parties but that they shall abstain from such measures which may defeat their stated objective to reach final agreement, e.g. by diminishing the value of performance under the contemplated contract.

• Journal of Fashion Business
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• v.22 no.4
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• pp.47-58
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• 2018

The Belgian textile wallcovering has the following background. The unique oceanic climate is optimized for flax. Beginning in the thirteenth century, British wool was produced for export to Britain or neighboring countries. Since the 15th century, Flemish paintings were influenced by color implementations, and these colors have influenced the developments of tapestry and art. Since that time, tapestry and paintings combined with paper technologies and Oriental civilizations, such as silk, that had been developed through trade ports, have been transformed into the form of current wallcoverings. Belgium produces the highest quality textile wallcovering using natural materials i.e., a combination of irregular and modern materials, and the implementation of different colors. The Belgian textile wallcovering is also a good representation of nature at the Heimtextil 2018, It provides a wide range of colors while retaining the best styles for wallcoverings in Belgium. The characteristics of Belgian wall coverings are: First, the high proportion of achromatic colors, especially the white ones, are analyzed for current trends. Second, it expresses the characteristics of materials by using only one material. This not only shows a high level of understanding of natural materials, but also shows a high level of development in terms of processing technology. Thirdly, linen was made into a formative expression using wrinkle processing and by printing geometric patterns, the rough texture of natural materials was expressed in harmony with modern patterns.

• Earthquakes and Structures
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• v.10 no.5
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• pp.1067-1087
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• 2016

In this paper, a decoupled proportional-integral-derivative (PID) control approach for seismic control of smart structures is presented. First, the state space equation of a structure is transformed into modal coordinates and parameters of the modal PID control are separately designed in a reduced modal space. Then, the feedback gain matrix of the controller is obtained based on the contribution of modal responses to the structural responses. The performance of the controller is investigated to adjust control force of piezoelectric friction dampers (PFDs) in a benchmark base isolated building. In order to tune the modal feedback gain of the controller, a suitable trade-off among the conflicting objectives, i.e., the reduction of maximum modal base displacement and the maximum modal floor acceleration of the smart base isolated structure, as well as the maximum modal control force, is created using a multi-objective cuckoo search (MOCS) algorithm. In terms of reduction of maximum base displacement and story acceleration, numerical simulations show that the proposed method performs better than other reported controllers in the literature. Moreover, simulation results show that the PFDs are able to efficiently dissipate the input excitation energy and reduce the damage energy of the structure. Overall, the proposed control strategy provides a simple strategy to tune the control forces and reduces the number of sensors of the control system to the number of controlled stories.

• Journal of KIISE:Computer Systems and Theory
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• v.27 no.3
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• pp.287-299
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• 2000

In this paper, we classify multicast methods into three categories, i.e., tree-based, path-based, and hybrid-based multicasts, for a multicomputer employing the bidirectional torus network and wormhole routing. We propose the dynamic partition multicast routing (DPMR) as a path-based algorithm. As a hybrid-based algorithm, we suggest the hybrid multicast routing (HMR), which employs the tree-based approach in the first phase of routing and the path-based approach in the second phase. Performance is measured in terms of the average latency for various message length to compare three multicast routing algorithms. We also compare the performance of wormhole routing having variable buffer size with virtual cut-through switching. The message latency for each switching method is compared using the DPMR algorithm to evaluate the buffer size trade-off on the performance.

• Journal of Distribution Science
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• v.18 no.3
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• pp.37-41
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• 2020

Purpose: The purpose of this paper is to examine the recent resurgence of popularism and the possible impacts it may have on contemporary business and economics. Research design, data and methodology: This is an exploratory case study that examines the rise of popularism and identifies and analyzes the likely implications for contemporary business and economics. Results: Although populists tend to reject elitism, capitalism, economic globalization, and political establishment, their ethnocentric behavior is no different from those of the corrupt political and economic elites. Popularism does enable nationalism and protectionism and negatively impacts business and economic growth. Conclusions: Popularism existed for a long time, and this phenomenon will continue to exist as long as a triggered mechanism exist, e.g., income inequality, resurgence of immigration, recession, insufficient factors of resources and social welfare. The recent rise of popularism is not a fad or a short-lived anti-establishment and anti-elitism movements but, rather, a force to be reckoned with in the near future. The rise of economic nationalism limits international trade, integration, and cooperation. As a result, international capital, service, and product flows will decline, and countries and multinational corporations have to develop and restructure their international supply and value chain to cope with this phenomenon.

• Journal of Applied Reliability
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• v.5 no.2
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• pp.241-259
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• 2005

The environmental problem is a main subject of the 21C and an environment destruction phenomenon by various kinds of environmental materials is reaching serious level. Nations to be classified as the environmental developed country, are born again environmental rich country. And they earn a large income by trade Every kind environmental resource in an international commercial transaction. Especially, the study that a reliability assessment method to prevent to reliability problem to be happened when the solder lead(lead-free solder), non-cd component, non-bromide component(without the polybrominated biphenyls(PBB) and polybrominated diphenyl ethers(PBDE))and hexavalent chromium(Cr VI) clearance component and mercury-free applied to electronic equipment is progressed. As the result of the study for applying of a reliability assessment technique of lead-free solder that recognized the most of urgent problem at the company, combination accelerated life test could taken by adding and appling the part of a humidity acceleration part to Eyring Model which is proposed by R.E.Thomas. The reliability assessment methods study of PWB clean environmental materials is expected to respond to a reliability elevation and environmental material regulation policy spreading all over the world by beginning form Europe.

• East Asian Journal of Business Economics (EAJBE)
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• v.3 no.4
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• pp.21-28
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• 2015

With CJK FTA as a starting point, this paper mainly studied the role of the logistics legal system in promoting marine industrial cooperation, facilitating investment trade, establishing international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation between China, Japan and Korea, and explored the way to establish an integrated logistics system between China, Japan and Korea to match the e-commerce certification system, online payment system and logistics distribution, thereby gradually promoting economic development and logistics integration in Northeast Asia, improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance. In short, the improvement for the logistics legal system in CJK FTA is not the responsibility of a country or several countries. It concerns the development and prosperity for the logistics industry in the three countries and is an inevitable choice to promote the vigorous development of CJK FTA and economic take-off of each country.

• Wind and Structures
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• v.21 no.2
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• pp.119-158
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• 2015

The characteristics of the coherence functions of X axial, Y axial, and RZ axial (i.e., body axis) wind forces on the Shanghai World Trade Centre - a 492 m super-tall building with section varying along height are studied via a synchronous multi-pressure measurement of the rigid model in wind tunnel simulating of the turbulent, and the corresponding mathematical expressions are proposed there from. The investigations show that the mathematical expressions of coherence functions in across-wind and torsional-wind directions can be constructed by superimposition of a modified exponential decay function and a peak function caused by turbulent flow and vortex shedding respectively, while that in along-wind direction need only be constructed by the former, similar to that of wind speed. Moreover, an inductive analysis method is proposed to summarize the fitted parameters of the wind force coherence functions of every two measurement levels of altitudes. The comparisons of the first three order generalized force spectra show that the proposed mathematical expressions accord with the experimental results well. Later, the influences of coherence functions on wind-induced dynamic responses are analyzed in detail based on the proposed mathematical expressions and the frequency-domain method of random vibration theory.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.37 no.8C
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• pp.703-710
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• 2012

The new article, related to temporary copy on exploitation of copyrighted works, has been introduced in the copyright law as partly revised on December 2, 2011. While number of researches on in-network caching including Content-Centric Networking are conducted quite actively in recent years, the need for legal and institutional considerations has arisen since temporal storage (i.e. temporal copy) may be made not only at user devices but also in routers such as network equipments. This paper examines issues on temporary copy of copyrighted works mainly focusing on the articles and the related articles of the recently revised copyright law as well as the Free Trade Agreement between the Republic of Korea and the United States of America and further studies necessary institutions required to actualize in-network caching.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.370-375
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• 2004

The management of daily work report is very important due to the variety of work trade and activities. Although various project management systems have been developed to effectively deal with various task in site, they are not in practical use due to the non-coorperative attitude of sub-contractors. This is the reason the system are not developed in the focus of sub-contractors, but main contractors and the detail information about daily work report is omitted or lost in the collection process by contractors. Therefore the purpose of this study was to propose the Web-based coordination system for daily work report between contractor and sub-contractors