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The lease contract includes the right of the lessor to use and enjoy the goods; on the other hand, they are the contracts under which the lessee is obliged to pay an agreed value. As a rule, the validity of the lease agreement is not conditional. However, since these agreements create constant performance debts, their written performance is important for proof and trust.

In the lease agreement; rent is subject to deliver the goods in accordance with the normal course of life and the conditions of use stipulated in the contract. However, the responsibility of the lessor in practice comes to the agenda with the most shame and seizure situations.


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Defect; there is an actual or legal inconvenience on all or part of the rented goods. In the case of restraint; third parties are liable for any damages that may arise if they claim a right incompatible with the rights of the lessee. The lease also imposes a number of obligations on the lessee.

The first and foremost of these is the payment of the agreed rent at maturity. Secondly, the lessee is obliged to use the rented goods in accordance with the provisions of the contract and paying maximum attention. Finally, the tenant is obliged to bear the costs of cleaning and maintenance of the lessee, and the elimination of defects and the prevention of damage.

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Since the lease contracts are legal transactions involving periodical and continuous performance, they should be prepared with legal assistance and consulted with qualified lawyers for important transactions to be made during the execution of the contracts. It is strongly recommended to consult with a dependable lawyer in order to prevent the emergence of disputes and to settle the disputes in the law of obligations.

Contract Law. This version of the course adds new units on Interpretation, Agency, Partnerships, Corporations, and Government Regulation.


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  6. We are exposed to contracts in all areas of our life — agreeing to terms when downloading a new computer program, hiring a contractor to repair a leaking roof, and even ordering a meal at a restaurant. Knowing the principles of contracts is not just a skill needed by lawyers, it illuminates for everyone a crucial institution that we use all the time and generally take for granted.

    This contract law course, with new materials and updated case examples, is designed to introduce the range of issues that arise when entering and enforcing contracts. It will provide an introduction to what a contract is and also analyze the purpose and significance of contracts.

    Then, it will discuss the intent to create legal relations, legality and morality, and the distinction between gifts and bargains. The course also investigates common pitfalls: one-sided promises, mistake, fraud, and frustration.

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    With the knowledge of what makes contracts and how they can go wrong, Professor Fried will discuss remedies and specific performance. Finally, Professor Fried will introduce how contracts can create rights for third parties. Not only is Professor Fried a leading authority on contract law, but he also utilizes a story-telling approach to explaining the topic, which creates a unique and interesting class experience. Receive an instructor-signed certificate with the institution's logo to verify your achievement and increase your job prospects.

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    Add the certificate to your CV or resume, or post it directly on LinkedIn. Give yourself an additional incentive to complete the course. EdX, a non-profit, relies on verified certificates to help fund free education for everyone globally.

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