This chapter describes general problems that arise in formalizing legal documents, and identifies some instances of these problems in SAFE contracts. It discusses open texture concepts, ambiguity, and incompleteness in the text, as well as openness of the context in which the SAFE appears. It also identifies a difference in the time of performance of action and the time of related enforcement as an issue in implementing SAFEs as smart contracts.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Difficulties in Formalizing SAFE Contracts

  • Ron van der Meyden,
  • Michael J. Maher

摘要

This chapter describes general problems that arise in formalizing legal documents, and identifies some instances of these problems in SAFE contracts. It discusses open texture concepts, ambiguity, and incompleteness in the text, as well as openness of the context in which the SAFE appears. It also identifies a difference in the time of performance of action and the time of related enforcement as an issue in implementing SAFEs as smart contracts.