![5 Common Phrases To Limit Risks & Liabilities In Agreements – Contracts and Commercial Law](https://viralfunnytexts.com/wp-content/uploads/2024/03/Mondaq_Share.jpg)
5 Common Phrases To Limit Risks & Liabilities In Agreements – Contracts and Commercial Law
Introduction: Tweaking the language in contracts is often considered a timeconsuming process and sometimes contracts are executed on dotted lines to avoid negotiations. However, avoiding this exercise could land one in unanticipated situations. Pacta sunt servanda is a traditional doctrine which means that agreements should be honored. For one to honor the agreements, the parties…