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Thirdly, it must satisfy a very sophisticated mathematical formula.The mathematical formula consists of “hashing” long strings of characters and numbers using the SHA256 algorithm to create a very large number.
The Nordex Group received advanced payment for these components and produced them in the same year.
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Such relation back or forward contravenes no principle of law and is determined by the intent of the parties as deduced from the instrument itself.” As a practical matter, the proper date to put on an agreement is something that corporate counsel is likely to have to make a judgment call on quite often.
This is because documents take time to draft, negotiate and execute.
In this article, the author writes: “Backdating by itself is not generally, at least with respect to private agreements, illegal.