Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd

Can an agreement which is formed purely through the operation of algorithms be considered a binding contract? If so, can such a contract be unilaterally cancelled because of a mistake, where such mistake resulted in trades being concluded at 250 times the market rate? This was the question before th...

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Main Author: HAKIM, Lokman Bin Mohamed Rafi
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Language:English
Published: Institutional Knowledge at Singapore Management University 2021
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Online Access:https://ink.library.smu.edu.sg/sljlexicon/3
https://ink.library.smu.edu.sg/context/sljlexicon/article/1006/viewcontent/do_algorithms.pdf
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spelling sg-smu-ink.sljlexicon-10062023-09-18T07:33:44Z Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd HAKIM, Lokman Bin Mohamed Rafi Can an agreement which is formed purely through the operation of algorithms be considered a binding contract? If so, can such a contract be unilaterally cancelled because of a mistake, where such mistake resulted in trades being concluded at 250 times the market rate? This was the question before the Court of Appeal (“CA”) in the case of Quoine Pte Ltd v B2C2 Ltd [2020] SGCA(I) 2. 2021-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sljlexicon/3 https://ink.library.smu.edu.sg/context/sljlexicon/article/1006/viewcontent/do_algorithms.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Singapore Law Journal (Lexicon) eng Institutional Knowledge at Singapore Management University Asian Studies Contracts Courts
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Asian Studies
Contracts
Courts
spellingShingle Asian Studies
Contracts
Courts
HAKIM, Lokman Bin Mohamed Rafi
Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
description Can an agreement which is formed purely through the operation of algorithms be considered a binding contract? If so, can such a contract be unilaterally cancelled because of a mistake, where such mistake resulted in trades being concluded at 250 times the market rate? This was the question before the Court of Appeal (“CA”) in the case of Quoine Pte Ltd v B2C2 Ltd [2020] SGCA(I) 2.
format text
author HAKIM, Lokman Bin Mohamed Rafi
author_facet HAKIM, Lokman Bin Mohamed Rafi
author_sort HAKIM, Lokman Bin Mohamed Rafi
title Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
title_short Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
title_full Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
title_fullStr Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
title_full_unstemmed Do algorithms dream of mistaken contracts? Supreme Court case summary: Quoine Pte Ltd v B2C2 Ltd
title_sort do algorithms dream of mistaken contracts? supreme court case summary: quoine pte ltd v b2c2 ltd
publisher Institutional Knowledge at Singapore Management University
publishDate 2021
url https://ink.library.smu.edu.sg/sljlexicon/3
https://ink.library.smu.edu.sg/context/sljlexicon/article/1006/viewcontent/do_algorithms.pdf
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