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The Serious Year 2000 Problem

Part 1 of Paper
....ge,” or “Millennium Bug” problem, faces many companies. This report is intended to provide a summary discussion of some of the major legal issues that may arise due to the Year 2000 problem. The Year 2000 problem arises because most business application software programs written over the past twenty years use on....

Part 2 of Paper
....rance company computers might report a policy running through the year 2001 as having instead expired in 1901. A bank computer calculating the interest for a financial instrument for the six year period of 1995 through the year 2000 might instead calculate the interest for the period of 1900 through 1995, for a ninety-six year period instead of a six year period. Given the multitude of computer programming languages in use and the variety of data uses for date fields, computer experts have advis....

Number of words: 423 - Approximate pages: 2

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