On Thu, Oct 23, 2008 at 15:53, Pavitra <[EMAIL PROTECTED]> wrote:
> I think we should create a more general solution. Rather than each
> person be either a party to a given contract or not, there should be
> a third state, that a person can be a witness to a given contract.
> Witnesses are considered parties for the purposes of equity, but a
> contract CANNOT impose obligations on witnesses. For a contract like
> a bank or the Protection Racket, assetholders should be witnesses;
> for a pledge, all first-class persons should be witnesses by default.

Seems like a good idea. Witnesses should also be barred from judging
related equity cases.

BobTHJ

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