What happens if there are arguments on both sides (i.e. if there is partial compliance with the contract?) Would one side still get all funds held in the smart legal agreement? I feel like there would be some unjust enrichment if that happens?
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You mean what if both sides are wrong?
I was thinking more of a situation where one party contracts with the other to supply blue parts for X value from the purchaser, and the funds are deposited into the contract. However, instead of blue, the supplier gives green parts that work just as well but are obviously not blue (and color does not really matter for purposes of the product).
So in essence, my question is, obviously the supplier has supplied the wrong color, but given that they have supplied a product that works just as well (partial compliance), would the buyer still get all funds from the agreement even though the Buyer has useful parts?
I'm not sure if this is the best example, but I hope that clears up my question.