An On-Chain Smart Contract Might Be Considered Autonomous in Nature

question 97

Multiple Choice

An on-chain Smart Contract might be considered autonomous in nature because:

• A) It is difficult to alter or update
• B) Once it is deployed, it can never be revoked
• C) Once it is deployed, it is self-managing
• D) All of the above

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Definitions:

Conversion Ratio

The specific quantity of one asset or liability that can be exchanged for another, often used in the context of convertible securities.

Risk-free Rate

The estimated rate of profit for a no-risk investment, usually depicted by the earnings from government securities.

American Call

An option contract that gives the holder the right to buy a specific asset at a set price anytime before the expiration date.