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Subject: RE: [legalxml-econtracts] Data Consortium Contract Schema Requirements
I find it very interesting, although it certainly has a higher reliance on structure and real-estate specifics than I would have expected. An important issue that comes to my mind at this point is the convenience of contract type-specific "objects" such as that "landlord" type, if I may call it like that. It seems clear to me that, despite helping simplify things for the given type of contract (eg real estate), it would require the schema to remain continuously open to further element or type definitions (originating from different contract types). But of course, defining a single vocabulary that avoids such "objects" would require the abstraction of all possible relationships between any number of parties to a contract instead (such as those linking the Renter, Payer and Payee, which could, for instance, be eventually used to describe the relationships between the parties to a Bill of Exchange in International Trade contracts). Quite a challenge. A "cascading" model though, with specific industries being able to define their own contract type-specific sub-vocabularies inheriting from a solid eContracts spec, could be the efficient way forward. -----Original Message----- From: John McClure [mailto:jmcclure@hypergrove.com] Sent: Monday, February 03, 2003 6:52 PM To: 'Legalxml-Econtracts' Subject: [legalxml-econtracts] Data Consortium Contract Schema Requirements Attached is the first draft of Data Consortium requirements for an electronic contract schema -- right now, it contains information about the structure of a contract. I am updating this document for the Goods and the Terms in a contract, so expect a more complete version this week. At that time, the document will be officially submitted for your consideration; this is merely a mid-point version. Any comments about this material would be appreciated. Thanks, John
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