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Example
Statutory link
Exceptions / limits
Opposite / Related
Exam tip
Memory trick
Key takeaway
Pacta sunt servanda
| Literal meaning | Agreements must be kept |
|---|---|
| Pronunciation | PAK-ta sunt ser-VAN-da |
Parties to a valid agreement must perform their promises. It is the base of contract law and of treaty law.
Example
A supplier promises to deliver goods on a date and the buyer agrees to pay. Both are bound to keep their words.
Statutory link
Section 37 of the Indian Contract Act, 1872: the parties to a contract must perform their promises, unless the law excuses the performance.
Exceptions / limits
Performance is excused where it becomes impossible, illegal, or is waived or discharged by the parties.
Exam tip
Used in contract and public international law.
Memory trick
A promise is a promise.
Key takeaway
Valid agreements bind the parties to perform.
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