. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . "Two (or more) people (the Parties, also encodable as Party_1 and Party_2) negotiate an agreement. Both sides are construed as making a commitment to assume an Obligation--the process is understood to be symmetrical or reciprocal. Instead of a specific mention of the Obligation, a Topic expression may be used to indicate the domain covered.\nSo far , we have agreedto cede 100km of coastline to Kiribati . DNI \nAt common law, the parties could make an oral agreement to submit a dispute to arbitration and such oral agreement would be valid.\n"^^ . . . . . . . . . . . . . . . . . . . . . . . . . . . .