United States or Haiti ? Vote for the TOP Country of the Week !
Caepolla says, 'When the price is fixed by law or statute, that is the just price, and nobody can receive anything, however small, in excess of it, because the law must be observed'; and Biel, 'When a price has been fixed, the contracting parties have sufficient certainty about the equality of value and the justice of the price. Cossa draws attention to the necessity of the fixed price corresponding with the real price in order that it should maintain its validity.
'The just price of things, says Aquinas, 'is not fixed with mathematical precision, but depends on a kind of estimate, so that a slight addition or subtraction would not seem to destroy the equality of justice, Caepolla repeats this dictum, with the reservation that, when the just price is fixed by law, it must be rigorously observed.
Word Of The Day