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Your enumerated conditions apply to traditional legal contracts as well.


Traditional contracts aren't immutable in the same sense though, right? They can be appealed, annulled, ignored...


Actually, there are only limited public policy exceptions to contract enforcement. In theory, almost any court should enforce whatever the parties agreed to. When they encounter "bugs" (usually ambiguity), the court might need to choose a side. Sounds a lot like choosing a fork, right?




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