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I’m hoping the contract’s execution was contingent on payment being received by you.
by delinka 8y ago
I’m hoping the contract’s execution was contingent on payment being received by you.
- nathancahill 8y agoIf only there was a currency that allowed that..
- concam 8y agoGood luck trying to code a few hundred years of common law into a smart contract.
- microcolonel 8y agoIf you could get investors on board and set up the company books correctly, it'd be a good, stable permanent job. ;- )
- fouc 8y agoStart with one step. Then take another. Step by step. Be not daunted.
- derefr 8y agoIt always is, at least in the US. See (the legal doctrine of) https://en.wikipedia.org/wiki/Consideration https://en.wikipedia.org/wiki/Consideration. Specifically this part: > Consideration cannot be illusory A contract without consideration is void. If you promise to give someone X (that you own) if they give you Y (that they own), and you never give them X, then you don't own their Y, even if it's already in your possession. You just (non-forcefully) stole their Y—same as if you e.g. asked to borrow someone's phone and then walked away with it.