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A Multi-party Contract Model - ACM SIGecom

A Multi-party Contract ModelLai XuDepartment of Computer Science, Free between multiple business parties play an increasingly important role in the globaleconomy where activities along the value chain are executed by independent, yet co-operating,companies. Information technology to enact a value chain is now being deployed in the form ofERP systems, workflow systems, web services and e-marketplaces. However, there is little knownon how to formally Model a Multi-party Contract . In this paper, we investigate how to modela Multi-party Contract in a manner convenient for detecting the parties responsible for and Subject Descriptors: [Information Systems Applications]: GeneralAdditional Key Words and Phrases: E- Contract , Contract violation, Detecting Contract violation1. INTRODUCTIONC ontracts between multiple business parties play an increasingly important role inthe global economy where activities along the value chain are executed by indepen-dent, yet co-operating, companies.

A Multi-party Contract Model · 15 car from Lee C.S., the garage will then commence repairs. After finishing repairs, the garage will issue an invoice to Lee C.S., which will check the invoice against

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