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Smart Contracts Are Made Possible Through Blockchain Technology and Can

question 5

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Smart contracts are made possible through blockchain technology and can enforce a relationship with a cryptographic code.


Definitions:

Corporate Groups

A collection of parent and subsidiary companies that function as a single economic entity through a common source of control.

Indirect Ownership Interests

Ownership in a company that is not held directly by the owner but through a chain of intermediary entities.

Sequential Consolidation Method

A process in accounting where the financial results of subsidiary companies are consolidated with the parent company's financial statements one after another, usually in the order of acquisition.

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