The Law Basics: Practical lesson 5

The purpose of practical training is the formation and development of the practical skills and an abilities – educational and professional, necessary in the subsequent professional activities of the students.

Our practical lesson today consists of the following parts:

Court: Зінченко Олександра, Калініна Олександра, Лионг Хонг Ань,  Ярославець Марія.
Attorneys: Аджа Ку, Бондаренко Іван, Віхоть Юлія, Гаврюшенко Юлія, Дем`яненко Ірина, Дуа Ге, Йєфуо Нджогаб.
Prosecutors: Морозов Матвій, Ніколаєнко Ксенія, Цимбал Олег, Черкасов Сергій, Щербатюк Владислав, Казімірова Тетяна,  Карикова Олександра.

On August 13, 2020, a loan agreement №44330666 in the amount of UAH 8,750 was concluded between “Maniwau Quick Noose” LLC and citizen K. with the payment of interest for a period of 30 calendar days by transferring funds to the bank account of the borrower – citizen K.

The terms of the agreement provided for the payment of interest on the loan in the amount of 0.80% of the loan amount for each day of use. In case of breach by K. of fulfillment of obligations to repay the loan amount and / or interest under this agreement, he undertook to pay in favor of the “Maniwau Quick Noose” LLC a penalty of 1.3% of the balance of the loan amount for each day of overdue loan repayment, starting from the first day of K.’s breach of the terms of the contract until the citizen K. fully fulfills his obligations.

On September 12, 2020, the term of payment under the agreement expired, and citizen K. did not fulfill his obligations, namely, did not repay the loan, did not pay interest.

“Maniwau Quick Noose” LLC filed a lawsuit against citizen K.

Carry out a legal analysis of the situation with reference to regulations.

3. TEST 1
4. ТEST 2
economics Law theory law

Since Economics Became a Religion I Don’t Feel at Home in This World Anymore

“It’s a shame to be rich in a poor country, and it’s a shame to be poor in a rich country”

Volodymyr Machuskyy Sr.

The economic interpretation of the justice is a consequence of the socialization of capitalism and an attempt to justify a constant increase in wealth even without economic growth.

Hence the need arises to replace the concept of the law as a justice for the economic concept of the justice. If the concept of the law as a justice is a form of distinguishing between good and evil, then the economic concept of the justice is an assessment of the efficiency of labor and business activity in general.

At the same time, the increasing financialization of the economy, as well as the forced necessity of the overwhelming majority of people to engage in work that is disgusting to people, is shyly hushed up.

Artificial Intelligence Law

Artificial Intelligence and Law.

Artificial Intelligence and Law



What is palpable today is the confluence of the legal world, which is an environment of tradition and ancestral values ​​evolving thanks to new technologies. These technologies are not necessarily disruptive, they are sometimes reasoned. Artificial Intelligence can seize the right.

“Code is Law”, the superposition of this famous Lessig maxim, provides an interesting insight into the politics of given architectures. The A.I. will certainly bring about many upheavals, but lawyers will know how to deal with it. The challenge will be to ensure that it is AI that is invested by lawyers and not vice versa.

The rise of Legaltech, these famous law startups, seems to have taken the lead in terms of digitalization of the legal sector. The use of technology and software to offer legal services and make the law more accessible, implies that the Legaltech sector disrupts the law in its own way, very often based on developed and efficient algorithms.