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In this episode, the speaker discusses contract law and common law, highlighting recent studies on Carl Lentz's ideas. Lentz's work presents a simplified perspective on common law, suggesting it be referred to as "common law l-o-r-e," akin to folklore, rather than "hijacked law." The speaker asserts that while legal systems exist globally, the notion of common law as folklore is particularly relevant in Commonwealth countries like the UK and the US, as opposed to places with Roman canon law, where individuals are presumed guilty until proven innocent, such as France. The speaker plans to provide further examples to illustrate these points.