Wednesday's Brief: Pacta Sunt Servanda
Midweek catch-up, plus a maxim to live by
Photo by Karolina Grabowska on Pexels
Hey you!
Our midweek catch-up is coming reallyyyy late, sorry. I'm back home from my trip and getting set for another, next week. I'm attending a week's training for a voluntary teaching work I do. Excited for it, but yet to cover my course material. So I'll be spending the rest of the week and weekend doing that. How about you? How's your week been?
In today's very brief Brief, I'm sharing what I think is probably my favourite legal maxim – pacta sunt servanda.
It means, simply, that agreements must be kept. I have a ton of things to say about pacta sunt, but the bottom line of them all is that this maxim is a worthy pretext to live by.
I think of pacta sunt when I make a promise to someone, even when it no longer seems appealing to fulfill the promise. It also guides promises I make to myself.
Things go as planned and turn out much better when we keep our promises, both to others and to ourselves.
This Week's Legal Tip 💡
In Law, the pacta sunt servanda principle applies to contracts and demands that persons who enter into agreements are bound to fulfill their obligations under the agreement.
The rule would not apply only in strict cases such as when the contract is frustrated or it becomes impossible to fulfill the agreement, when there is illegality, fraud or duress, as well as when the other party waives their rights.
And that's it.