Abstract

In the modern business world, business coordinations are becoming complex and global. Contractual relations are required to explicitly define the collaboration between parties, certainly in scenarios with more than two parties. Therefore, execution of multi-party contracts has to be considered a vital point for successful business coordinations. However, there is little known about how to formally model a multi-party contract. The need for a multi-party contract model is thus becoming evident. In this paper, we investigate how to model a contract involving multilateral relations such that finding the responsible parties for given contract violations is facilitated. We provide algorithms for detecting violations and identifying the violator.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.