1. INTELLECTUAL PROPERTY SimCEO agrees that all business ideas developed within the simulation are the intellectual property of each participant or organizing institution and will not be developed or used in any way by simCEO or its employees. SimCEO cannot guarantee that ideas expressed within the simulation will not be used by other participants or parties. SimCEO reserves the right to use samples from each simulation for the purposes of marketing or further development of the options within the simCEO simulation, while the ideas themselves are the property of the creator. Those seeking further information on legally protecting ideas and works should consult copyright and patent regulations.
2. OBSCENE OR IMPROPER USE Instructors should note that the employees of simCEO do not have control over the manipulation and creation of businesses. It is the instructor’s responsibility to notify simCEO immediately upon recognizing issues of questionable use. Reports can be made to support@simceo.org.
SimCEO reserves the right to terminate participants or entire simulations for:
In cases where simulations are terminated, no refund will be given. Advance notice does not need to be given.
3. REFUNDSSimCEO aims to be an innovative, flexible learning tool that has the potential to change learning. If you had a negative experience with your simulation or it does not live up to your expectations, we will refund your money. You must contact support@simCEO.org within 14 days after your “Authorization” date to be eligible for a refund. Beyond this date, no refunds will be given. If significant technical problems affect a simulation, credit for future simulations are possible.
4.“DELETE ALL” DATE All records for a simulation will be deleted from the database one month after the “End Trading Date” (the end of the simulation). If you would like to save any information or answers from a specific simulation, copy them into your local files. If you would like your simulation to remain online beyond the “delete all” date, contact us at support@simCEO.org
5. simCEO IS NOT AN INVESTMENT/ENTREPRENEURIAL STRATEGY Participants should note that successful philosophies and practices in simCEO will not necessarily translate into successful results in the real world. Participants are reminded that investing and developing a company in the real world represent significant risk. SimCEO is a simulation.
Updated: January 13, 2007