Subclass of:

• aaao:ZE46 Promissory Agreement Event

Scope note:

Instances of declaration of obligation are characterized by formal acts of recognition of a state of obligation between one party and another party for a certain measurable amount of goods.

Instances of this class comprise official acts undertaken following formal procedures within a social grouping leading to formal recognition of an obligation status between two actors. The substance of declaration of obligation is an intentional, social act.

Instances of ZE27 Declaration of Obligation come about when the specific social procedure required is intentionally and successfully enacted according to the prevalent rules. They end with the successful termination of the act or because of its premature termination.

A successful act of ZE27 Declaration of Obligation leads to the generation of an instance of ZE28 Obligation Status, the institutional fact that thereafter holds between two actors until it has been abrogated.

Examples:

• The declaration of obligation made from the United States of America (E74) to the Republic of France (E74) for the amount of 15 million USD (E54) as declared in the 1803 signing of the Louisiana Purchase (https://en.wikipedia.org/wiki/Louisiana_Purchase)
• The declaration of obligation made from Micheal Jackson (E21) to Associated TeleVision (E74) for the amount of 47.5 million USD (E54) as declared in the purchase of the Beatles back catalogue. (https://americansongwriter.com/the-story-behind-michael-jackson-buying-the-beatles-catalog-and-angering-friend-paul-mccartney/)

In First Order Logic:

• ZE27(x) ⇒ ZE46(x)

Outgoing properties:

• aaao:ZP67 generated obligation upon (had obligation generated upon by) (1,n:0,n) → crm:E39 Actor
• aaao:ZP68 generated obligation to (had obligation to generated by) (1,n:0,n) → crm:E39 Actor
• aaao:ZP69 generated obligation of (had obligation generated of by) (1,n:0,n) → crm:E54 Dimension