entity · derived
Contract law
Derived node: assembled mechanically from the claims carrying contract-law. A roster, not an adjudicated definition.
Every claim under this term
- 2811718-023 : As a contractual matter, due diligence promises made in a brochure, on a website, or in a contract with investors must be in writing to be enforceable.
- 2939127-019 : Smart contracting on a blockchain often makes conventional legal contracting unnecessary, because smart contracts emulate the logic of legal contract clauses.
- 2939127-026 : Because the legal origin of smart contracting is unsettled, lawyers may argue that smart contracts are void and unenforceable under the law even where the smart contract accurately reflects the partie
- 2939127-027 : Contract law rules on formation, interpretation, conditions, and remedies require substantive adjustment before smart contracts can be accommodated.
- 2998033-004 : Smart contracts face a legal enforceability risk: they may be attacked as void and unenforceable, because contract law rules on formation, interpretation, conditions and remedies were not written for
- 3071378-009 : Even where a smart contract reflects the underlying bargain between the parties, lawyers may argue that smart contracts are void and unenforceable under the law.
- 3227967-021 : A smart contract is computer program code that enables the verification, execution and enforcement of specific terms and conditions of a contractual arrangement.
- 3227967-022 : Smart contract use scales with device connectivity: the more devices are connected to each other, the more smart contracts will be used to execute and enforce legal transactions, and they are already
- 3409548-015 : Smart contracts face a legal origin problem: lawyers may argue that they are void and unenforceable, and contract law rules on formation, interpretation, conditions and remedies require substantive ad
- 5554218-005 : Posting cryptocurrency to escrow like smart contracts is often uneconomic compared with traditional financial instruments, and this inefficiency undermines the practical utility of smart contracts as
- 5886342-008 : Interpretation of the Codex must give priority to the intent of the parties and to the specific context of the legal status or act in question, rather than to a literal or purely systemic reading.
- 5886342-025 : Choosing the Codex carries a default incorporation of the UNIDROIT Principles of International Commercial Contracts 2016 as the basis of the parties' contractual relationship, unless the Codex provide