Fact: ABC Company and a Supplier enter into an agreement for the Supplier to provide services to the ABC Company.  The services will be provided over several months, a somewhat indefinite term. The agreement provides for an up-front retainer, monthly billing, and that the invoices will be due immediately.  The retainer and the first two months are paid on time, [...]

Reference article:  RBS, Royal Bank of Scotland, said on December 16, 2009, it had begun an investigation into irregularities in its China unit.  The irregularities suggest the potential of a fraud. Potential client losses could amount to as much as $3million (RBN20m). The China Regulatory Commission said they were investigating, but that it is a very small matter and the [...]

The theme of the world as God’s creation means that commerce is practiced in God’s world.  Even as God designed His world with scientific components such as gravity and time, commerce has principles such as revenue less expenses equals profits.  For the physical scientist, gravity is studied as a given; so, for the commercial enterprise business principles are a given.  [...]

Assuming that Protestant Christian faith affects how the business person applies the fundamental principles that underlie good commerce, are we at risk of losing the benefit of these principles?  Today the concept of the separation of faith and government has invaded the commercial and business world.  As a result, we do not study the Christian contribution to commerce in any [...]