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    The Seven Point Content of A Commercial Process or Instrument

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    alpha taurus
    The document outlines the seven essential points that must be included in a commercial instrument or process to ensure full disclosure and accountability: [1] Identification of all relevant parties [2] A sworn statement of facts [3] An explicit listing of obligations and remedies [4] A pledged surety or collateral [5] Supporting exhibits and evidence [6] Certification of the accuracy of the allegations [7] Witnessed identification of the affiant. Following these seven points helps ensure that the instrument holds up legally and the parties cannot later deny what was agreed upon or owed.

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    The Seven Point Content of A Commercial Process or Instrument

    Uploaded by

    alpha taurus
    119 views1 page
    The document outlines the seven essential points that must be included in a commercial instrument or process to ensure full disclosure and accountability: [1] Identification of all relevant parties [2] A sworn statement of facts [3] An explicit listing of obligations and remedies [4] A pledged surety or collateral [5] Supporting exhibits and evidence [6] Certification of the accuracy of the allegations [7] Witnessed identification of the affiant. Following these seven points helps ensure that the instrument holds up legally and the parties cannot later deny what was agreed upon or owed.

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    The Seven Point Content of a Commercial Process or Instrument

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    The document outlines the seven essential points that must be included in a commercial instrument or process to ensure full disclosure and accountability: [1] Identification of all relevant parties [2] A sworn statement of facts [3] An explicit listing of obligations and remedies [4] A pledged surety or collateral [5] Supporting exhibits and evidence [6] Certification of the accuracy of the allegations [7] Witnessed identification of the affiant. Following these seven points helps ensure that the instrument holds up legally and the parties cannot later deny what was agreed upon or owed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    119 views1 page

    The Seven Point Content of A Commercial Process or Instrument

    Uploaded by

    alpha taurus
    The document outlines the seven essential points that must be included in a commercial instrument or process to ensure full disclosure and accountability: [1] Identification of all relevant parties [2] A sworn statement of facts [3] An explicit listing of obligations and remedies [4] A pledged surety or collateral [5] Supporting exhibits and evidence [6] Certification of the accuracy of the allegations [7] Witnessed identification of the affiant. Following these seven points helps ensure that the instrument holds up legally and the parties cannot later deny what was agreed upon or owed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    THE SEVEN POINT CONTENT OF A

    COMMERCIAL PROCESS OR INSTRUMENT


    By Hartford Van Dyke

    Strict Commercial Institutions deal exclusively in seven point international commercial processes, all of
    which are written as Affidavits and contain an Affidavit at every critical position in the commercial process.

    The seven points of a commercial instrument ensure (make certain) that the maker is telling the truth, the
    whole truth, and nothing but the truth, and can be held fully liable for FULL DISCLOSURE.

    The Seven Points of a strict Commercial Instrument are:

    1. PARTIES: Identification of the parties: (1.1) Plaintiffs, (1.2) Claimants, (1.3) Demandants,
    (1.4) Creditors, (1.5) Defendants, (1.6) Debtors, (1.7) Affiants, (1.8) Other Interested Parties

    2. ALLEGATION BY AFFIDAVIT: a sworn / certified / verified Plain Statement of Fact, (for example:
    “A United States Constitutional 1st Amendment Petition For Redress of Grievances”)

    3. EXPLICIT LEDGERING: a categorical point for point explicit ledgering of:


    (3,1) obligations: losses, debts, injuries, ... , and
    (3.2) remedies: gains, specific performance, ... including but not limited to a specific date by which all
    performance must be met or they are forfeit and in default, …

    4. SURETY: “One who undertakes to pay money or do any other act in the event that his principal fails
    therein.” Black’s Law 4th Edition
    (4.1) substance, property, collateral, specific performance, energy, ...,
    (4.2) pledged, seized, attached, ...,
    (4.3) to secure the remedy and/or specific performance explicitly ledgered as owed,

    5. EXHIBITS, EVIDENCE, MEMORANDA: (POINTS OF REASONING AND LAW), ... , to act in


    support of and prove the explicitly ledgered obligation,

    6. CERTIFICATION, OF ALLEGATIONS, BY AFFIANT:


    (6.1) by allegation certification / attestation true, correct, and complete (and not misleading), and
    (6.2) by signature of the party liable for the instrument, the Affiant.

    An exhaustive commercial swearing used as the closing statement in a commercial process would be:
    “I, the undersigned Affiant, swear on my own commercial liability, that I have read the foregoing instrument
    and know the content thereof and that, (to the best of my knowledge and belief, it is true, correct, complete,
    and not misleading, the truth, the whole truth, and nothing but the truth."

    A less exhaustive, but still very binding closing statement is:


    "I certify that the foregoing is true, correct, and complete."

    7. WITNESS OF POSITIVE IDENTIFICATION OF AFFIANT: (Photo ID, Passport, etc.).


    (7.1) Signatures of Two (2) or more Witnesses
    (7.2) Signature Witnessed by Notary Public
    (7.3) Right Thumbprint as your personal Seal

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