# kaal:claim:4067783-021

**Claim.** Code is law fails as a complete business ordering because business ventures very rarely proceed exactly as written in smart contract code: real business relationships are far messier and more multivalent than a series of smart contracts can predict.

**Type.** failure  **Support.** argued

**Source quote.**

> In reality, very rarely does any business venture proceed exactly as planned in smart contract code because the reality of business relationships is far more messy and multivalent than can be predicted by a series of smart contracts.

**From.** Wulf A. Kaal, *DAO Fallacies* (2022), II.4 Myth #4: Code is Law Fallacies, page 9

**Cite as.** Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783

**Verify.** sha256 of source PDF `48f1e307cdbbe28c7843f7744d0ba8cf01662f257a53f2066a7a6c7e03a5acec` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20DAO%20Fallacies.pdf

**Failure mode.** Incomplete contracting in code  (family: smart-contract-rigidity)

**Topics.** smart-contracts

**Keywords.** code-is-law, smart-contracts, incomplete-contracting, business-relationships

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3782214-015

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.