Professional Documents
Culture Documents
Reg 1 Contracts
Reg 1 Contracts
Example
Dec 1 – preparation
Dec 2 – perfection (nag agree si pogi)
Dec 3- consummation Bilateral- obligation for only 1 party but giving
consent should be both or bilateral
Pogi and ganda both agreed to let beauty
determined the price of the land. But the will only
be bind if it has been made known to both
contracting parties.
Ex: sa contract nila ay hindi dapat transmissible
then hindi pwedeng ipasa sa mga heirs
#3 example
Art 1321
Offerer- person making the offer
Offeree
Agent
YES
To him means to the ‘agent’
Example of an offer made through an agent:
inutusan ni pogi si agent na ibenta ang car for 1m.
NO
Option contract- ‘Yong days to decide which is 10 Lucid Interval? Refers to a brief period during
days which an insane person regains sanity that is
Option money- ‘yong money which is 1k sufficient to regain the legal capacity to contract,
make a will and to act on his/her own behalf.
Example:
Characteristics of consent:
Consent must be intelligently given
Consent must be free and voluntary
Consent must be conscious or spontaneous
Voidable contract is binding and valid unless
annulled
Example: it is void
Another ex: