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{{a|design|}} | {{a|design|}}Thoughts following call on 3 March 2021 | ||
Thoughts following call on 3 March 2021 | |||
===Levels of meaning/audience=== | ===Levels of meaning/audience=== | ||
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===Ask=== | ===Ask=== | ||
I think ask at this stage is to identify the basic elemental building blocks of commercial contracts. It strikes me there are two ways of achieving this: firstly, to identify and parameterise a limited number of canonical contractual propositions: obligations, discretions, rights, definitions, conditions precedent, representations. The objective here is to see if there is a small, manageable number of basic propositions which most contractual provisions can conform to. My hunch is that there is, and the apparently infinite complexity of legal drafting in fact subsists at a lower, syntactical level. for example, the “object” proposition is: | I think ask at this stage is to identify the basic elemental building blocks of commercial contracts. It strikes me there are two ways of achieving this: firstly, to identify and parameterise a limited number of canonical contractual propositions: obligations, discretions, rights, definitions, conditions precedent, representations. The objective here is to see if there is a small, manageable number of basic propositions which most contractual provisions can conform to. My hunch is that there is, and the apparently infinite complexity of legal drafting in fact subsists at a lower, syntactical level. for example, the “object” proposition is: | ||
{{subtable|{{ | {{subtable|{{red|[[code obligation|obligation]] [}} | ||
:{{de|label}} [[:template:{{{label}}} ob|{{{label}}} ob]] | |||
:{{de|who}} {{{who}}} | |||
:{{de|operator}} {{{operator}}} | |||
:{{de|action}} {{{action}}} | |||
:{{de|how}} {{{how}}} | |||
:{{de|when}} {{{when}}} | |||
:{{de|condition}} {{{condition}}}{{red|]}}}} | |||
And the difference between a complex obligation and a simple one comes in the articulation of each of the objects in side it. So, compare | And the difference between a complex obligation and a simple one comes in the articulation of each of the objects in side it. So, compare | ||
{{tabletop}} | {{tabletop}} | ||
!style="width: | !style="width: 30%"|ISDA 2002 | ||
!style="width: | !style="width: 70%"|2002 Code | ||
{{aligntop}} | {{aligntop}} | ||
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