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EE LAWS

CONTRACTS
ELEMENTS OF CONTRACTS
1. ESSENTIAL ELEMENTS
 CONSENT
 OBJECT
 CAUSE
2. NATURAL ELEMENTS
3. ACCIDENTIAL ELEMENTS
CHARACTIRISTIC OF CONTRACT
1. OBLIGATORY FORCE
2. MUTUALITY
CLASSIFICATION OF CONTRACT
1. ACCORDING TO SUBJECT MATTER
 THINGS
 SERVICES
2. ACCORDING TO NAME
 NOMINATE
 INNOMINATE
3. ACCORDING TO PERFECTION
4. ACCORDING TO FORM
5. ACCORDING TO PURPOSE
6. ACCORDING TO CAUSE
STAGE OF CONTRACT
1. PREPARATION
2. PERFECTION
3. DEATH

RA 7920-FEBUARY 24, 1995


RA 7920-FIDEL V. RAMOS
NEW ENGINEERING LAW (RA 184)
BOARD MEMBER
1. FRANCIS MAPILE-CHAIRMAN, EE
2. JAIME MENDOZA-MEMBER, MATH, ESAS
Four Essential Requisites of an Obligation
 A passive subject
 An active subject
 Object or Prestation
 A juridical or legal tie
Article 1157-Obligations arise from:
 Law
 Contracts
 Quasi-contracts
 Acts or omissions punished by law
 Quasi-delicts
Sources of Obligations
 Law
 Contracts
 Quasi-contracts
 Crimes or acts or omissions punished by law
 Quasi-delicts or torts
Kinds of Quasi-Contracts
 Negotiorumgestio
 Solutioindebit
This civil liability Includes:
 Restitution
 Reparation for the damage cause
 Indemnification for consequential damage
following requisites must be present:
 There must be an act or omission.
 There must be fault or negligence.
 There must be damage caused.
 There must be a direct relation of the cause and effect
between the act or omission and the damage.
 There is no pre-existing contractual relation between
the parties.
DIFFERENT KINDS OF OBLIGATIONS
 Pure Obligation
 Conditional obligations
Kinds of conditional obligation:
 SUSPENSIVE
 RESOLUTORY
 POTESTATIVE
 CASUAL
 MIXED
 POSSIBLE
 IMPOSSIBLE
 POSITIVE
 NEGATIVE
 RECIPROCAL OBLIGATION
 OBLIGATIONS WITH A PERIOD
 DISTRIBUTIVE OBLIGATION
 JOINT OBLIGATION
 JOINT INDIVISIBLE OBLIGATIONS
 SOLIDARY OBLIGATION
 DIVISIBLE
 INDIVISIBLE
Modes of Extinguishment
 payment or performance
 loss of the thing due
 condonation or remission of the debt
 confusion
 compensation
 novation
 annulment
 rescission
 fulfillment of a resolutory condition
 prescription
 renunciation or waiver by the creditor
 compromise
 expiration of the resolutory term or condition
 death of one of the contracting parties
 ( personal obligations )
 will of one of the contracting parties
 mutual assent or dissent

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