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Blockchain

Q1

Smart contracts usually consist purely of software that, in legal terms, holds little to no extra value compared to traditional software. To amend this, Ricardian contracts exist that ____________ and render it enforceable in legal contexts.

(*) define the way a smart contract is compiled to code

(*) replicate the functions of a contract using a pseudo-language

(*) describe the functionality of a smart contract in legal prose

(*) all of the above

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