CONTRACTS AND AGREEMENTS:
- Three things necessary for a contract to be made:
- mutual agreement
- mutual understanding
- mutual consent;
- and there is a fourth and that is surety given.
- There are three types of surety:
- Naidn
- Aitire
- Rath. 45
- There are three things in a contract which need special attention:
- that which is explicit
- that which is implicit
- and that which has been forgotten.
- There are three foundations to mutual agreement:
- that there be nothing hidden
- that there be no malicious intent
- that there be no coercion.
- There are three things due one who has had a contract broken:
- loss
- loss from loss
- honor price. 46
- There are three types of contract, all binding before the Mighty Ones
and before human kind:
- that which is established by the spoken word
- that which is established by the written word
- that which is ordained by the Righ or Rian.
- Three types of profit:
- from producing
- from investing
- from a good reputation.
- Three types of investment:
- goods
- money
- time.
- There are three levels of honor price:
- one third the value of the agreement when one has defaulted on a contract because of something beyond their control
- three times the value of the contract when one has defaulted by their own volition or slothfulness, and no malice was intended
- nine times the value of the contract when one has defaulted on a contract by an act of their own volition, with malice intent.
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