URBAN MARKETING INC. vs. JOHN H. TUBMAN (02/18/2025)
The sanctity of contracts is a fundamental principle in both legal and economic frameworks, ensuring that agreements are legally binding and enforceable. From an economic perspective, this principle is crucial for fostering stability, predictability, and trust in commercial and financial transactions. This principle is deeply rooted in the organic law of this jurisdiction, the Constitution, as enshrined in Article 25 thereof, which states: “Obligation of contract shall be guaranteed by the Republic and no laws shall be passed which might impair this right”. This provision of the Constitution finds firm support in the decisional laws espoused by Supreme Court. Except
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