Is a treaty different from a scrip?

Answer 1

Yes, a treaty and a scrip are different concepts. A treaty is a formal agreement between two or more sovereign states, often governing issues like trade, peace, or alliances. In contrast, a scrip is a document that serves as a substitute for currency or a certificate indicating a right to receive goods or services, often used in specific contexts like company stock or land grants. While treaties are legal instruments in international law, scrip is primarily related to financial or economic transactions.