Contract Law
2 articles
Smart Contract Legal Enforceability: When Code Isn't Law
The 'code is law' ethos collapsed with The DAO hack. Smart contracts face contract formation requirements, oracle problems, and dispute resolution challenges—but hybrid approaches like Ricardian contracts bridge law and technology.
Can an AI Agent Legally Enter Into a Contract?
A 1999 uniform act and a 2000 federal statute answered whether a machine can make a contract. UETA and ESIGN call the software an 'electronic agent' and say a contract it forms is not void just because no human reviewed it, where the agent's act is legally attributable to the person bound. That act is the deployer's own, ordinarily leaving the deployer bound, mistakes included, save at narrow edges in UETA and common law. The genuinely open questions are about authority and error, not validity.
Need Legal Guidance for Your Digital Asset Business?
Get practical legal counsel from attorneys who understand both the technology and the regulatory landscape.
Talk to an Attorney