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2024-07-08 18:41:19
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Brunswick on Nostr: The type of agreement where the bailee is required to maintain a 100% reserve of the ...

The type of agreement where the bailee is required to maintain a 100% reserve of the fungible goods is known as a "custodial agreement." In this arrangement, the bailee is responsible for keeping the exact amount of the fungible goods in reserve, without using or consuming them, ensuring that the full quantity is always available to the bailor upon demand. This is often used in scenarios involving valuable or sensitive assets that need to be preserved and protected in their entirety.
Author Public Key
npub1c856kwjk524kef97hazw5e9jlkjq4333r6yxh2rtgefpd894ddpsmq6lkc