Exodus 24:7-8

It certainly cannot be the same date that occurred three months earlier—when they came out of Egypt. I think that what he means is, exactly three months later they made it to the area of Sinai. The language has a similarity to it, and I think that one of the reasons for the similarity is that God wants to draw our attention to what is being done. And what is being done is God is entering into another covenant—this time with Abraham's descendants. The covenant then is proposed. Israel accepts. And in Exodus 24, the covenant is sealed by blood.

So, the covenant was now ratified by the blood of an animal.

Exodus 24:1-8

It is interesting that, four times in this context, "all these words" is mentioned. We see there the importance of the Word of God and how it impacts us. We have here a description of the marriage covenant of Israel to God. The people agree to live according to "all these words." They promised to live by the word of God.

Moses, Aaron and his sons, and seventy of the elders partake in what the peace offering (mentioned in verse 5) signifies: fellowship and spiritual union in the presence of God.

Exodus 24:1-8

The covenant is here formally ratified and sealed with blood from burnt and peace offerings. Those burnt and peace offerings were saying that they were wholly in it and they were going to have a relationship with God.