I have read and understand the terms and conditions.

Terms and conditions may apply. With any contract in the real world, there are terms and conditions. Usually, you must acknowledge that you have read and understand the terms and conditions, releasing whatever company from the liability associated with said contract. Nobody is impervious to said terms and conditions. You can't sue if green munchkins pop out of your chimney and destroy your house because you did not return your movies on time. And how about everyone who wants to challenge the terms and conditions is a lawyer. Every single one. THEY ARE ALL LAWYERS, or atleast they play one on tv-especially when they realize now that they should have taken a few moments to read the TERMS AND CONDITIONS.