admin's blog

Blockchain Legal Enforceability Triad

Every agreement requires at least two utterances, an offer and an acceptance. That is the minimum requirement for a meeting of minds.

It is not necessary that these utterances are directed towards a specific party, but they do need to have a known origin. Ex. I can make an offer to sell my Mars bar to anyone, but someone accepting it cannot answer as humanity in general. They may answer to humanity in general, since this includes me.

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