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