Licenses and permits
Licenses and permits obtain and renew the business licenses and regulated authorities the Company needs where it operates.
Contract
| Clause | Terms |
|---|---|
| Starts | An obligation check per jurisdiction and Offer, run before Live. |
| Gate | An Offer that needs a license stays off sale until the Credential is held (Licensing). |
| Signs | An officer signs each application. Owners give their own background checks where the license requires them. |
| Renewal | Each license renews before it expires. |
| While held | Own where the license is per business; inherited where the Studio-held entity holds it. |
Verbs
| Verb | Object | Event |
|---|---|---|
| Credential.create | Credential | Credential.created |
| Credential.verify | Credential | Credential.verified |
Interfaces
Example
A concert-ticket resale marketplace expands to a city that licenses resellers. The obligation check holds the new Offer off sale until the license is held, 19 days later.