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You Have Been Hired by a Small Architectural Firm Interested

question 78

Essay

You have been hired by a small architectural firm interested in implementing a knowledge management system.What features do you think would be of most benefit to them?


Definitions:

Covenant to Pay

An agreement in a contract where one party promises to pay a specified sum to another.

Original Mortgagor

is the initial borrower who takes out a mortgage loan secured by the property being mortgaged.

Hypothec

A legal term primarily used in civil law jurisdictions to describe a right or security interest granted over an asset to secure the repayment of a debt without transferring title.

Fee

A payment made to a professional or an organization in exchange for services or advice.

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