Ockham's distinction between formal and material consequences shows that substitutional invariance alone cannot demarcate formal validity without prior commitment to a fixed ontology of terms.
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formal consequence(Ockham's theory of consequences)
A consequence that holds in virtue of middles, either intrinsic or extrinsic
formal validity(Medieval logic)
A property of an inference whereby the conclusion follows from the premises in virtue of logical form alone, such that the inference holds under uniform substitution of its terms
material consequence(Buridan's hylomorphic distinction between formal and material consequence)
A consequence that satisfies necessary truth-preservation (TP) but fails the substitutional criterion (ST) — validity is not preserved under all term substitutions