SYSTEMS AND PROCESSES FOR AGREEMENT MANGEMENT
First Claim
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1. A process for managing a contractual agreement using a computer with a processor, the process comprising:
- receiving, with the processor, a submission of information about an agreement from one or more submitting users;
wherein the agreement specifies that, if a particular condition is true at a specified time, a payment will be made from one or more paying users;
storing, with the processor, information about the agreement on non-transient storage media of the computer system; and
receiving, at the specified time, with the processor, input from one or more selected users that indicates whether the particular condition is true.
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Abstract
A process and system of managing agreements among users is provided. A proposed agreement is received from a first user. The proposal is relayed to a second user to view and to choose whether to accept the proposal. The agreement specifies that, at a particular time, if a particular condition is met, one user will owe the other a payment. At the specified time, a user is asked whether the condition has been met. If it has, one user will owe the other the payment.
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Citations
20 Claims
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1. A process for managing a contractual agreement using a computer with a processor, the process comprising:
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receiving, with the processor, a submission of information about an agreement from one or more submitting users; wherein the agreement specifies that, if a particular condition is true at a specified time, a payment will be made from one or more paying users; storing, with the processor, information about the agreement on non-transient storage media of the computer system; and receiving, at the specified time, with the processor, input from one or more selected users that indicates whether the particular condition is true. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 15)
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11. A computer-implemented system for managing a contractual agreement, the system comprising:
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a storage medium for storing information about an agreement; and a processor configured to; store, in the storage medium, a submission of information about the agreement from one or more submitting users; wherein the agreement specifies that, if a particular condition is true at a specified time, a payment will be made from one or more paying users; and store, in the storage medium, at the specified time, input from one or more selected users that indicates whether the particular condition is true occurred. - View Dependent Claims (12, 13, 14, 16, 17, 18, 19, 20)
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Specification