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Acams CCAS Exam - Topic 3 Question 8 Discussion

Actual exam question for Acams's CCAS exam
Question #: 8
Topic #: 3
[All CCAS Questions]

What is a ''smart contract''?

Show Suggested Answer Hide Answer
Suggested Answer: B

Smart contracts execute predetermined conditions automatically on blockchain, enabling decentralized applications and services.


by Chana at Oct 28, 2025, 05:07 PM

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Mauricio
26 days ago
A is wrong. Offline agreements aren't smart.
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Bernadine
1 month ago
Yeah, B makes sense. It's all about automation.
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Luis
1 month ago
I always thought cold storage was the way to go, not this!
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Rosita
1 month ago
Not sure about that, I feel like compliance tools are more useful.
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Felton
2 months ago
Wait, are people really using these for contracts? Sounds risky!
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Hassie
2 months ago
I thought it was just a fancy legal agreement, but I guess not.
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Sabine
2 months ago
It's definitely B, self-executing code on blockchain!
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Krissy
2 months ago
Haha, I bet the answer is B. Who even uses offline legal agreements these days?
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Buddy
2 months ago
I thought smart contracts were for storing my crypto securely. Guess I was wrong.
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Yoko
2 months ago
I definitely remember that smart contracts are not about cold storage wallets, but I’m a bit confused about the specifics of how they work.
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Val
3 months ago
I feel like I've seen something about compliance tools in relation to smart contracts, but I can't recall the details.
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Elvera
3 months ago
I remember practicing a question about smart contracts, and I think they are self-executing codes. So, I would lean towards option B.
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Angelo
3 months ago
B) A self-executing code stored on blockchain.
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Latonia
3 months ago
I think it's B. Self-executing code on blockchain.
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Leigha
3 months ago
Definitely B. It’s the future of contracts!
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Alease
4 months ago
Definitely B. Smart contracts are the future of legal agreements!
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Haley
4 months ago
I think a smart contract is related to blockchain technology, but I'm not entirely sure if it's just a legal agreement or something more complex.
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Shantell
4 months ago
I'm a little confused by this question. I know smart contracts have to do with blockchain technology, but I'm not sure I fully understand how they work. I might have to guess on this one.
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Milly
4 months ago
Smart contracts, that's the blockchain stuff, right? I remember learning about that in class. I'm pretty confident B is the right answer here.
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Malcom
4 months ago
Okay, let me think this through. A smart contract is some kind of automated agreement or code that runs on a blockchain, right? I'm pretty sure B is the correct answer, but I'll double-check my understanding just to be sure.
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Shawnda
5 months ago
Hmm, I'm a little unsure about this one. I know smart contracts have something to do with blockchain, but I'm not totally clear on the details. I might need to review my notes before answering.
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Lavonda
5 months ago
I think this one is pretty straightforward. I'd go with B - a self-executing code stored on blockchain.
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Gaston
2 days ago
Definitely B! It's all about automation.
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Roselle
21 days ago
I agree, B makes the most sense.
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