II.   Instruments & Transactions

An Application is a formal Instrument issued under the Corporate Securities standards of instruments and writing first formed under the Westminster laws of Great Britain from the 18th Century as a form of Contract of Appointment, Assurance and Petition, usually required as a condition of any proposed action in legal proceeding or significant financial undertaking. The word Application is equivalent to “Motion” in certain jurisdictions.

In terms of an Application being a Contract of Appointment, Assurance and Petition:

(i) An Application usually contains at least one authorization clause for another (Appointee) to act as the agent of the one signing the Application as principal (Appointor) until some point in the future either by terms of the Application, or by operation of law. The Appointee is then Attorney-In-Fact in relation to the Application and any subsequent agreement born from it; and

(ii) An Application usually contains at least one jurat clause so that the one making the Application to permit the formation of a surety bond as the principal (Obligor) in favour of the one accepting the Application as a deed (Obligee), by which the Obligor binds himself to some present or future act, such as any subsequent agreement; and

(iiii) An Application usually contains at least one petition or limitation clause so that the one making the Application submits themselves in the inferior position as Applicant and the party who may grant or deny the petition is called the Respondent.