The literal meaning of the maxim is "Agreements must be kept".
The literal meaning of the maxim is "Agreements must be kept". It is the principle used in the International Law, which means "all the signatories should uphold international treaties". The rule is based upon the principle of "Good Faith". The Good faith indicates that a party cannot invoke the provisions of the domestic law as justification for a failure to perform. The only limit to the maxim is peremptory norms of general international law known as “jus cogens” which denotes the meaning “Compelling law”.
"A" and "B" are the two nations signing treaties which lack the principle "pacta sund servanda". It will be ultimately unbinding, and it cannot be enforceable. Since treaties are should be executed with Good Faith. Therefore, the treaty will be void.
· Eureko B.V V. Poland (2005)
· CMS Gas Transmission Company V. Republic of Argentina (2005)
Let the buyer beware
It is a Latin term of principle which implies that the buyers must be be aware and warned of the integrity of the product that they are about to purchase.
Happy is who was able to know the cause of things
- Generally, it means if any person having a knowledge about particular field and if any complication arise in any familiar field, then he may not become much distress about such problem because he have knowledge of such things about how to handle the difficulties - Therefore a person who have the knowledge as well as know the cause then he is happy.
The judges do not answer to a question of fact
These legal maxims means that, ‘The judges do not answer to a question of fact; the jury do not answer to a question of Law’. In simple words, the question of law is for the judge to decide whereas question of fact are for the jury to decide. Question of law are the questions that are decided by taking the help of law. Question of fact are the questions that are decided on the basis of evidence given by both the parties in proof or disproof of a fact.