Implications
Since the TTToC is based on property rights, it is compatible with the non-aggression principle. The TTToC ensures ownership of every owned good is well defined at any point in time. Contracts regarding unalienable property titles are not binding. Some argue that since ownership of one's body is unalienable, voluntary slavery contracts are not binding under the TTToC. Promises that are not made with the intention of being legally binding are also non-enforceable under the TTToC.
Read more about this topic: Title-transfer Theory Of Contract
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