I CFJ on the following: If a pledge contains no explicit exit clause, a party
may leave it by announcement.
Arguments:
Suppose I say "I pledge to give someone a groat if they give me a quatloo." No
one takes me up on the offer for a week. I spend the groat in another way. I
then say "The previous offer is hereby rescinded." Does the player leave the
contract and thus terminate it? Or do such efforts stand "forever" since it
wasn't specifically permitted in the pledge?
Evidence:
Rule 2191/2 (Power=1.5)
Pledges
A pledge is a contract identifying itself as such. A pledge
requires at least one party.
An equity case regarding a pledge CAN be initiated by a
non-party, provided that all other requirements for initiating
an equity case are met. The initiator of such a case is
considered to be a party to the pledge for the purpose of that
case.
Rule 1742/14 (Power=1.5)
Contracts
Contracts are binding agreements governed by the rules. Any
agreement made by one or more persons with the intention that it
be binding on them and governed by the rules is a contract
(unless it would automatically terminate as a contract).
A contract automatically terminates if the number of parties to
it falls below the number of parties the rules require for the
contract. If other rules do not specify such a number for a
contract, then a contract requires at least two parties.
Parties to a contract SHALL act in accordance with that
contract. This obligation is not impaired by contradiction
between the contract and any other contract, or between the
contract and the rules.
-Goethe
