Hajek's BL logic is the fuzzy logic capturing the tautologies of continuous t-norms and their residua. In this paper we investigate a weaker logic, MTL, which is intended to cope with the tautologies of continuous t-norms and their residua. The corresponding algebraic structures, MTL-algebras, are defined and completeness of MTL with respect to linearly ordered MTL-algebras is proved. Besides, several schematic extensions of MTL are also considered as well as their corresponding Predicate calculi.
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