written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law
what is it?
agreement between 2 parties
can be
oral
written
important elements
offer
A promise to do or refrain from doing something in exchange for something else.
acceptance
Acceptance must be judged objectively, but can either be expressly stated or implied by the offeree's conduct.
consideration
refers to something that has value in the eyes of the law. Consideration: is an essential element to make a contract. must be provided for a contract to be legally binding
areas
insurances
banks
goverment
what is it?
a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
models
external
the code doesnt form the entirety of the parties legal agreement, but merely automates the performance of some of its terms.
internal
it is written in natural language, what means the code could encompass the entire agreement between the parties.
blockchains
goverment
financial
value chain
telecomunications
sustainability
rules in a company that look to take care of the enviroment
benefits of sustainability
-Improved brand image and competitive advantage. ...
-Increase productivity and reduce costs. ...
-Increase business ability to comply with regulation. ...
-Attract employees and investors. ...
-Reduce waste. ...
-Make shareholders happy.
some examples of companies with sustainable rules
Nike.
Ford Motor Company.
Bank of America.
Ben & Jerry's.
google.
General Mills.
Dell.