Civil and Commercial Code/Current Version/Book 1/Title 1
- 4. Application of law
- 5. Rule of good faith
- 6. Presumption of good faith
- 7. Rate of interest
- 8. Force majeure
- 9. Signature and substitutes
- 10. Interpretation of document
- 11. Interpretation in case of doubt
- 12. Interpretation of inconsistent numbers
- 13. Interpretation of inconsistent numbers
- 14. Interpretation of inconsistent documents
|Application of law||4.||The law must be applied in all cases which comes within the letter and spirit of any of its provisions.
|Rule of good faith||5.||Every person must, in the exercise of his rights and in the performance of his obligations, act in good faith.
|Presumption of good faith||6.||Every person is presumed to be acting in good faith
|Rate of interest||7.||Whenever interest is to be paid, and the rate is not fixed by a juristic act or by an express provision in the law, it shall be seven and a half per cent per year.
|Force majeure||8.||“Force majeure" denotes any event the happening or pernicious result of which could not be prevented even though a person against whom it happened or threatened to happen were to take such appropriate care as might be expected from him in his situation and in such condition.
|Signature and substitutes||9.||Whenever a writing is required by law, it is not necessary that it be written by the person from whom it is required, but it must bear his signature.
|Interpretation of document||10.||When a clause in a document can be interpreted in two senses, that sense is to be preferred which gives some effect rather than that which would give no effect.
|Interpretation in case of doubt||11.||In case of doubt, the interpretation shall be in favour of the party who incurs the obligation.
|Interpretation of inconsistent numbers||12.||Whenever a sum or quantity is expressed in letters and in figures, and the two expressions do not agree, and the real intention cannot be ascertained, the expressin in letters shall be held good.
|Interpretation of inconsistent numbers||13.||Whenever a sum or quantity is expressed several times in letters or several times in figures, and the several expressions do not agree, and the real intention cannot be ascertained, the lowest expression shall be held good.
|Interpretation of inconsistent documents||14.||Whenever a document is executed in two versions, one in Thai language , the other in another language, and there are discrepancies between the two versions, and it cannot be ascertained which version was intended to govern, the document executed in Thai language shall govern.