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Invisible Contracts - Transcript Only


Product Description

Over the years, little has been said or written about Invisible Contracts. While most of us have a basic understanding of what contracts are, only a small minority truly understand the power that Invisible Contracts have over us. To understand what Invisible Contracts are, and how they impact virtually every area of our lives, Winston provides a broader discussion that includes three key areas: failure of consideration; the law does not compel impossibilities; and, whoever creates a liability must bring the remedy. As a vivid example, Winston tells the story of Jesse James the bank robber, who, when he switched to robbing trains, unknowingly fell under the Invisible Contracts of Admiralty procedures. Apparently, he should have stayed with robbing banks!