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PJT04:
The authority is established based upon the fundamental principles of contract law and its associated maxims. If you are looking for a particular statute, we are not citing any. However, you may refer to your law dictionary and check out the following definitions:
Acquiescence
Tacit Acquiescence
Estoppel by Acquiescence
Or the maxims:
He who does not deny admits.
He who leaves the battle first loses by default.
Contract makes the law.
I shall add more to this later.
J
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NOTICE & CAVEAT: This post is provided "AS IS" and without warranties of any kind either expressed or implied and is not to be construed as legal advice in any capacity whatsoever.
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