Search Results for: SANCTITY OF CONTRACT

sanctity of contract. The principle that the parties to a contract, having duly entered into it, must honor their obligations under it. [Cases: Contracts 1. C.J.S. Contracts §§ 2–3, 9, 12.] “[Sanctity of contract] is merely another facet of freedom of contract, but the two concepts cover, to some extent, different grounds. The sanctity of […]

The principle that the parties to a contract, having duly entered into it, must honor their obligations under it. [Cases: Contracts 1. C.J.S. Contracts §§ 2–3, 9, 12.]