What is a contract?
30 September 2006, 16:50
In our new law lesson the teacher (young, from Talas, with a very serious tie) asked: "What is a contract?" Daniyar said: "When two people promise." The teacher said: "Close, but a promise can be broken for no reason. A contract is when two people promise and a third person can punish them if they break it."
I thought about it all the way home. At home grandmother said that in her time the third person was the old man of the street. I said: that is the same, grandmother! And she said: no, he had a longer beard.