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Meaning of rebus sic stantibus by furoya





furoya

rebus sic stantibus
  46

Latin expression used in civil and international law, "Rebus sic stantibus" ( "where things are like this") is used explicitly or implicitly in a contract to be considered valid until the circumstances existing at the time of its conclusion are changed, and that one of the parties is unable to comply for reasons beyond its control. See "pacta sunt servanda" .

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