Part one of term paper
A serious computer problem, variously known as the “Year 2000,” “Y2K,” “Century Date Change,” 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 busin ...

Part two of term paper
... used two digits in the past instead of four digits to designate the year to save memory during processing. The Year 2000 computer problem can also affect embedded microcontrollers in non-computer equipment such as elevators, security systems, and air conditioning systems. As an example of the type of incorrect calculation which can be produced due to this problem, when a computer sorts dates by year, “00” could be identified as an earlier date than “99”. A financial spreadsheet or pr ...