Contract Law The Hierachy of Laws part 03











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Contract Law | The Hierachy of Laws Part 03 • In this session, Diva Lyri delves into the intricacies of contract law, aiming to enlighten her audience about the ubiquitous nature of contracts in everyday life and the significance of understanding one's rights and responsibilities within these legal agreements. • Diva begins by emphasizing the fundamental equation of contract law: offer plus acceptance equals contract. She stresses that many interactions involve implicit contracts, wherein individuals may unknowingly enter into agreements simply by not responding to offers made to them. She illustrates this concept with the example of a traffic ticket, wherein the act of not contesting or responding to the ticket within a specified time frame is tantamount to accepting the terms of the citation, despite popular belief to the contrary. • Moreover, Diva highlights the creation of a financial instrument when individuals sign such contracts, imbuing them with legal significance beyond mere acknowledgment. She underscores the importance of understanding the concept of tacit assent or tacit agreement, wherein one agrees to terms without expressly vocalizing consent, urging viewers to research and verify her claims independently. • Diva elucidates the implications of tacit assent in legal proceedings, cautioning against assuming the ability to argue against contractual terms once they have been implicitly accepted. She stresses the need for vigilance in recognizing when contracts are being formed and the potential ramifications of non-response or acquiescence. • Furthermore, Diva extends her discussion to scenarios where contracts are not formed, such as in casual transactions like car sales. She outlines the concept of consideration, wherein a party must provide something of value in exchange for the other party's agreement to hold an item. She emphasizes that without consideration, there may not be grounds for legal recourse if the terms of an informal agreement are violated. • In addition to personal transactions, Diva extends her analysis to utility bills and other service agreements, cautioning viewers to be aware of their rights and the implications of non-response. She suggests that disputes can arise when individuals contest the terms of such contracts, highlighting instances where service providers may be unable to terminate services during a dispute. • Throughout the video, Diva encourages viewers to educate themselves about contract law and to scrutinize the agreements they enter into, emphasizing the empowerment that comes with understanding one's legal rights and obligations in contractual relationships. • #education #lawbasics #contractlaw #lawlecture #legalstudies #university • ______________________________________________________________ • βš– Register for upcoming law seminars at UNA University. βš– • πŸ”΄Claim Your Free Consultation Call here! • πŸ‘‰ https://app.leadific.io/v2/preview/6U... • πŸ‘‰UNA University Link Tree: https://unarepublic.com/LinkT • Cashapp: $UNARepublic • OUR WEBSITES: • You Can Learn More About Us: • UNA University πŸ‘‰ www.unauniversity.com • UNA Republic πŸ‘‰ www.unarepublic.com • Enjoy Your Snack Time With DZ Nuts • D'z Nuts πŸ‘‰ www.dznuts.co • Now you can buy πŸ’œ UNA Merchandise! • UNA Agenda πŸ‘‰ www.unaagenda.com • Follow Us On TikTok πŸ‘‰   / unarepublic   • Follow Us On TwitterX πŸ‘‰ https://x.com/UNA_Republic • ______________________________________________________________ • © 2024 UNA Republic. Any reproduction or illegal distribution of the content will result in immediate action against the person concerned.

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