View more campus & community news online at http://record.wustl.edu |
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Business agreements work best through informal channels
The business world runs on agreements. As long as everyone fulfills his or her end of the bargain, things tend to run smoothly. But the question of the most effective way to enforce or regulate these agreements remains. Adam B. Badawi, JD, PhD, associate professor of law, looked at this question in the context of franchises and found that the more effective method of enforcing these agreements is often through an informal, non-legal rewards system. FULL STORY
URL: http://news.wustl.edu/news/Pages/21589.aspx
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TODAY’S CALENDAR HIGHLIGHT (http://news.wustl.edu/Pages/Calendar.aspx)
- 7 p.m. Dept. of Music Jazz Combos Concert. Free. Ballroom Theater, 560 Music Center. kschultz@artsci.wustl.edu or (314) 935-5566.
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ANNOUNCEMENTS (http://news.wustl.edu/news/Pages/20115.aspx)
- Bear Necessities holiday sale begins tomorrow. The Bear Necessities store, located in the new Umrath House on the South 40, will hold its annual holiday sale from 9:30 a.m.-9 p.m. Tuesday, Dec. 7, and from 9:30 a.m.-8 p.m. Wednesday, Dec. 8. The store will offer 15 percent off all regular priced WUSTL logo items and an additional 15 percent off already marked down clearance WUSTL logo items.
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NOTABLES: Faculty, staff and student news and achievements (http://news.wustl.edu/CC/Pages/Notables.aspx) |
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WASHINGTON PEOPLE: Alan Pestronk (http://news.wustl.edu/news/Pages/21531.aspx) |
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SPORTS (http://news.wustl.edu/CC/Pages/sports.aspx)
- Classic confrontations. It was a big weekend of sports on the WUSTL campus as both basketball teams hosted tournaments — the 27th annual Lopata Classic for the men and the 10th annual McWilliams Classic for the women. Find out how WUSTL teams fared on the hardcourt, as well as how the swimming & diving team did at the Wheaton College Invitational, by visiting bearsports.wustl.edu.
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