Rather, a desire to minimize and manage risk by both parties and to avoid a bitter and costly end, makes having an employment contract a smart idea.
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But this list is different from the principles behind Britain's post-war social contract which embedded the idea of statutory responsibilities and individual rights.
The better idea would be to contract with private economists to get independent forecasts.
Worse, obsessed with the idea that globalisation threatens the social contract in rich countries, Mr Rodrik almost forgets that both rich and poor countries stand to benefit enormously from trade.
At the time, there was speculation that NBC would move Jimmy Fallon, a younger comic who has a show at 12.35 a.m. to replace Mr. Leno, to combat ABC's move, an idea undermined by Mr. Leno's contract extension.
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Though most young entrepreneurs would rather have a root canal than consult an attorney, nothing will put you on the path to startup disaster quite like an unexpected lawsuit, nasty contract dispute, or even a friendly competitor stealing your idea.
Cheetham, who sings bass with a choir in Holmfirth in West Yorkshire, told CNN that he first had the idea several years ago, while working on a contract investigating speech over wireless Local Area Networks (LAN).
What Medicare Advantage is, is basically the previous administration had this idea, instead of traditional Medicare, let's contract out to insurance companies to manage the Medicare program.
The idea of deferred gratification, which is inherent in that implicit pension contract, has been beyond our comprehension.
Rakoff rejected that idea in his 103-page decision, saying Flagstar had violated its contract with Assured by stuffing securities with mortgages issued to borrowers with clearly inflated incomes and misrepresentations on details such as whether they lived in the homes they were borrowing against.
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You can buy a contract with only 10% or 15% down, but it's not a good idea.
The complaint says that Douglas Vetach, a postal inspector with the U.S. Postal Inspection Service, spoke with Zuckerberg, who said he did not come up with the idea for Facebook until September or October 2003, months after he had entered into the contract with Ceglia, and that Zuckerberg had never received the bogus emails Ceglia cites in his lawsuit.
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While this may seem like a good idea at first glance, from a practical standpoint it may interfere unnecessarily in the right to contract and could serve as an impediment to international commerce.
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