Institution
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Moral entity: an entity that has moral status.
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Institution: a moral entity that is composed of more than one other moral entities.
Principles
- Changing the nature of an institution requires a proven unanimity of votes of the members or the decision of the founding institution
Institution Founding/Dissolution
- by contract by all founding members
- by decision of a founding institution
Private Institution
Examples: a chat thread that does not change the composition of the members or the subject.