EDMC-FIBO/FND 1.0b2 FTF Avatar
  1. OMG Issue

FIBOFTF — TansferableContract incorrect definition

  • Key: FIBOFTF-32
  • Status: closed  
  • Source: Object Management Group ( Mr. Mike Bennett)
  • Summary:

    The definition given for Transferable Contract has been replaced by one from TheBusinessDictionary.com

    The definition which was used in place of the one from the EDM Council, is in fact a definition of ʺassignmentʺ and not a definition for ʺTransferable Contractʺ. As such, the definition text reads like narrative about a Transferable Contract and is not in any way definitional of the concept ʺTransferable Contractʺ (for example, it does not state that the concept so defined is that of a kind of contract!)

    Also replace the Definition Origin annotation to reflect whatever is the chosen definition (replace this with EDM Council if the original definition is reinstated).

  • Reported: EDMC-FIBO/FND 1.0b1 — Thu, 20 Mar 2014 21:44 GMT
  • Disposition: Resolved — EDMC-FIBO/FND 1.0b2
  • Disposition Summary:

    The definition given for Transferable Contract has been replaced by one from TheBusinessDictionary.com ; The definition which was used in place of the one from the EDM Council, is in fact a definition of ʺassignmentʺ and not a definition for ʺTransferable Contractʺ. As such, the definition text reads like narrative about a Transferable Contract and is not in any way definitional of the concept ʺTransferable Contractʺ (for example, it does not state that the concept so defined is that of a kind of contract!); Also replace the Definition Origin annotation to reflect whatever is the chosen definition (replace this with EDM Council if the original definition is reinstated).

  • Updated: Fri, 6 Mar 2015 20:58 GMT