This document discusses unenforceable contracts under Philippine law. Specifically, it outlines three types of unenforceable contracts: 1) those made without authority or in excess of authority, though the defect can be cured by ratification; 2) those where both parties were incapacitated at the time of agreement, again curable by ratification; and 3) those subject to the Statute of Frauds requiring written form, such as contracts that cannot be performed within one year or involve the sale of goods over P500.
This document discusses unenforceable contracts under Philippine law. Specifically, it outlines three types of unenforceable contracts: 1) those made without authority or in excess of authority, though the defect can be cured by ratification; 2) those where both parties were incapacitated at the time of agreement, again curable by ratification; and 3) those subject to the Statute of Frauds requiring written form, such as contracts that cannot be performed within one year or involve the sale of goods over P500.
This document discusses unenforceable contracts under Philippine law. Specifically, it outlines three types of unenforceable contracts: 1) those made without authority or in excess of authority, though the defect can be cured by ratification; 2) those where both parties were incapacitated at the time of agreement, again curable by ratification; and 3) those subject to the Statute of Frauds requiring written form, such as contracts that cannot be performed within one year or involve the sale of goods over P500.
(Defect in form - should be in writing and subscribed by the parties)
Contract not to be performed w/in one year
Promise to answer for the debt of another Agreement made in consideration of marriage Sale of goods, chattels, things in action (at least P500) Lease for at least 1 year/sale of real property Representation as to credit Express trust concerning immovable (See Art. 1443)
(Defect cured by failure to object to presentation of oral evidence/acceptance of benefits)