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SALIENT POINTS TO REVIEW FOR THE MIDTERM EXAMS

1. Definition
Contract
Obligation
Quasi-contract
Damages
Fraud
Negligence
Contractual Obligations
Civil Obligations
Natural Obligations
Legal Capacity
Fortuitous event
Force majeure
Consent
Due Process of Law
Void Contracts
Voidable Contracts
Obligation ex maleficio or ex delicto

2. Concepts
Obligation as Judicial Necessity
Essential Elements of Contracts
Age of Majority or Legal Age
Sources of Obligations
Enforceable Contracts

3. Special Questions
Who can enter into valid contracts?
Are obligations arising from law presumed?
Do obligations arising from contracts have the force of law?
Who are liable for damages?

4. Legal Provisions
Article 3, 1987 Constitution
Section 1. No person shall be deprived of life, liberty, or property without due
process of law, nor shall any person be denied the equal protection of the laws.
Section 2. The right of the people to be secure in their persons, houses, papers,
and effects against unreasonable searches and seizures of whatever nature and
for any purpose shall be inviolable, and no search warrant or warrant of arrest shall
issue except upon probable cause to be determined personally by the judge after
examination under oath or affirmation of the complainant and the witnesses he
may produce, and particularly describing the place to be searched and the persons
or things to be seized.
Section 10. No law impairing the obligation of contracts shall be passed.
New Civil Code Provisions on Obligations and Contract as presented in our PPTs.

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