# Contract enforcement

`kaal:entity:contract-enforcement`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `contract-enforcement`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2018 to 2021.

**2018**

- [3227933-017](https://wulfkaal.github.io/claims/3227933-017) [definitional/asserted] -- A smart contract is a computer program code or protocol that automates the verification, execution, and enforcement of specific terms and conditions of a contractual arrangement.
  > a smart contract refers to a computer program code or protocol that automates the verification, execution, and enforcement of certain terms and conditions of a "contractual" arrangement.
  Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**2021**

- [3782214-015](https://wulfkaal.github.io/claims/3782214-015) [failure/argued] *(failure mode)* -- Rigid code is law smart contracts over fungible currency are built to guarantee irreversible, unreviewable, self executing outcomes, which is a poor match for business because business ventures very rarely proceed exactly as imagined at the outset.
  > Further, rigid "code is law" smart contracts involving fungible currency exchanges are designed to guarantee irreversible, unreviewable, programmed self-execution. Very rarely does any business venture proceed exactly as imagined from the begin- ning.
  Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/contract-enforcement.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.