What the quotation above tells about why contracts are valuable.

What the quotation above tells about why contracts are valuable.

If the maintenance of public credit, then, be truly so important, the next enquiry which suggests itself is, by what means it is to be effected? The ready answer to which question is, by good faith, by a punctual performance of contracts. States, like individuals, who observe their engagements, are respected and trusted: while the reverse is the fate of those, who pursue an opposite conduct.”
What the quotation above tells about why contracts are valuable.

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