Well, i am very glad someone took the time to look into this…

Is Bilbo Baggins contract in The Hobbit legally binding? | The Verge.

Favourite line…

unusually, the company can decide on its own arbitrator in the event of any disputes, and it’s unclear whether the laws of The Shire or the laws of the Dwarven Kingdom apply to the contract

Um, you know its made up, yeah?

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