pacta sunt servanda is a latin phrase for "agreements must be kept"!Is a basic principle of international law and refers to private contracts! PACTA SUNT SERVANDA is based on good faith and is the basic principle of correct behaviour in commercial praxis!
Friday 22 October 2010
this picture give as a clear meaning of what exchange of promises means. From the moment I give you my hand I promise you that I will keep my promise!!!!!
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