I. What is a Contract?

(Art 1305) A meeting of the minds between 2 persons whereby one binds himself, with respect to the other, to give something or render some service II. Elements of a Contract A. CONSENT of the contracting parties

manifested by the meeting of the offer and the acceptance upon the thing and the cause which are to constitute the contract.The offer must be certain and the acceptance resolute. A qualified acceptance constitutes a counter-offer. Who cannot give consent? Unemancipated minors Insane or demented persons, and deaf-mutes who do not know how to write B. OBJECT certain which is the subject of the contract C. CAUSE of the obligation which is established