Fundamental principles of law
-To secure political power to people.
-Development, protection of propertyship and equity of its subjects
-Democratism
-Internationalism
-Humanism
FUNDAMENTAL PRINCIPLES OF LAW
• To secure political power to people. People are the only source of state power. Power can be realized directly and through representatives.
• Development, protection of propertyship and equity of its subjects is an important condition of establishment of material and technical basis of the state.
• Democratism means legal establishment of such human rights and freedoms which in practice provide the right to participate in solution of state affairs in connection with the wide range of civil rights and freedoms.
• Internationalism is recognition and provision of all nations and peoples with the right of judicial and factual equity on their political, economic and cultural development.
• Humanism is recognition of significance of person as an individual, his rights on free development and manifestation of his abilities. Respect to dignity and human rights, care about human welfare. Expressed in the Constitution – examples: nobody can be arbitrarily taken his/her life, honour and dignity are untouchable, etc.
Transactions
Transactions may be committed orally or in writing (simple or notary).
The transactions for which legislation or the agreement of parties does not prescribe written (simple or notary) or any other identified form, may be committed orally in particular any transactions executed at the moment of commitment (conclusion). Such a transaction shall be considered to be committed in the case where the behavior of the person proves the will to commit the transaction.
A transaction, which is confirmed by issue of a ticket, token or any other symbol used for confirmation, shall be deemed to be concluded in oral form unless otherwise is provided in the legislation.
Silence shall be recognized as the expression of the will to commit the transaction in the cases provided by the legislation or the agreements of the parties.
Transactions
Unilateral Bilateral
Unilateral transactions are transactions for the performance of which the expression of the will of one party is required and sufficient.
Bilateral contract is an agreement in which each of the parties to the contract makes a promise or promises to the other party.
In a unilateral, or one-sided, contract, one party, known as the offeror, makes a promise in exchange for an act (or abstention from acting) by another party, known as the offeree. If the offeree acts on the offeror's promise, the offeror is legally obligated to fulfill the contract, but an offeree cannot be forced to act (or not act), because no return promise has been made to the offeror. After an offeree has performed, only one enforceable promise exists, that of the offeror.
A unilateral contract differs from a Bilateral Contract, in which the parties exchange mutual promises. Bilateral contracts are commonly used in business transactions; a sale of goods is a type of bilateral contract.