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[Music] whats up wealth freaks welcome back to the channel and welcome back to another part in contracts now today were going to be talking about a law phrase called without prejudice you may have come across the phrase without prejudice on the more important letters youve received but have you ever stopped to think what exactly does this phrase mean well what it does not mean is that you are not prejudiced against anyone or the addressee it is very important that you understand this because if you were to ever go to court and they ask you to explain why you use without prejudice and you answer incorrectly they will know you probably dont know what youre doing so what exactly does without prejudice me when without prejudice is on any document letter or contract what is happening is that the sender is openly stating not to be bound by any contract unknowingly entered into and only bound by those that meet the four criteria which weve already talked about full disclosure equal con