A little bit of Everything
In this episode, we break down one of the most important concepts in law: Contracts. What exactly is the contract? Is every agreement legally binding? What is the difference between a promise and a contract? And why does your signature carry so much weight? Using simple examples, I discussed the meaning of a contract, characteristics of a contract, why contracts are legally binding and freedom of contract, not forgetting the principles of Pacta Sunt Servanda (Agreement must be kept). Whether you law students, a business owner, or someone who signs the document without reading them first, this episode will help you understand why contract matter and how the law treats agreements.
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