ECON-1006EG Study Guide - Quiz Guide: Decretales Gregorii Ix, Law French, Decretum Gratiani
14 Nov 2020
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Idea of a just price for every transaction: deviation that is too far can result in an agreement not being binding: doctrine flourished in the middle ages, based on some texts in the corpus iuris. Province of holland: lost ground in the 18th century with the adoption of the concept of freedom of contract, connected to the prohibition on stipulating a limitless interest rate. Seneca, de beneficiis, 4,39,4: unforeseen circumstances can justify not upholding a contract. In some situations a lie is not considered two-faced and thus not a lie in itself (e. g. sword to a madman) Decretals of gregorius ix (liber extra) 1,35,1: agreements, however naked, must be honored, peace must be maintained. Decretals of gregorius ix (liber extra) 2,24,25: what already has been agreed upon is sometimes not dissolved by something which prevents an agreement still to be made. 342: a simple promise or agreement has the same value as the stipulations of roman law.
