John,

The trading partners exchanging the transactions are the first/second parties.  
A third party is not involved in the transactions as a trading partner and 
presumably has no interest or bias in accepting or rejecting the validity of 
a transaction.

Kepa

On Thursday 19 December 2002 09:26 am, John Singer wrote:
> One of the other major problems is WEDI definition of "third party". Third 
parties as defined currently is incorrect, no such thing as a self-appointed 
third party, that is called 1st party testing and also how can you be 
considered "independent" when you sell software as a vendor? You are not 
independent you are trying to sell your products... 


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