scientia utrimque par pares contrahentes facit

scientia utrimque par pares contrahentes facit
/sayensh(iy)a yuwtrimkwiy paer periyz kontrahentiyz feysat/ Equal knowledge on both sides makes contracting parties equal. An insured need not mention what the underwriter knows, or what he ought to know

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • knowledge — know·ledge n 1 a: awareness or understanding esp. of an act, a fact, or the truth: actual knowledge (1) in this entry b: awareness that a fact or circumstance probably exists; broadly: constructive knowledge in this entry see also …   Law dictionary

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