Contract- a meeting of minds between two PINEDA, OBLIGATIONS AND CONTRACTS
persons whereby one binds himself, with 36 (2009))
respect to the othr, to give something or to As to parties obliged render some service. 1. Unilateral – only one of the parties has an Classification obligation (ERNESTO L. PINEDA, Classifications OBLIGATIONS AND CONTRACTS 366 (2009)) As to perfection or formation 2. Bilateral – both parties are required to render 1. Consensual – perfected by mere consent of reciprocal prestations (CIVIL CODE, art. 1191) the parties on the subject matter and cause As to form (CIVIL CODE, art. 1315) (e.g., contract of sale) 1. Common or informal – require no particular 2. Real – perfected by delivery (CIVIL CODE, art. form (CIVIL CODE, art. 1356) 1316) (e.g., commodatum, pledge, deposit) 2. Special or formal – require some particular 3. Formal/Solemn – require a certain specified form (CIVIL CODE, art. 1356) form, in addition to consent, subject matter and As to their purpose cause (CIVIL CODE, art. 1356) (e.g., donation 1. Transfer of ownership of real property) 2. Conveyance of use As to cause 3. Rendition of service (4 ARTURO M. 1. Onerous – The cause is, for each contracting TOLENTINO, COMMENTARIES AND party, the prestation or promise of a thing or JURISPRUDENCE ON THE CIVIL CODE OF service by the other (e.g., contract of sale) THE PHILIPPINES 410-411 (1991)) (CIVIL CODE, art. 1350) As to their subject matter 2. Remuneratory– The cause is some past 1. Things service or benefit which by itself is a 2. Services (4 ARTURO M. TOLENTINO, recoverable debt (CIVIL CODE, art. 1350) COMMENTARIES AND JURISPRUDENCE a. Note: In a remuneratory donation, the ON THE CIVIL CODE OF THE PHILIPPINES past service or debt is not by itself a 410-411 (1991)) recoverable debt. (CIVIL CODE, art. 726) As to the risk involved 3. Gratuitous (or contracts of pure 1. Commutative – when the undertaking of one beneficence) – founded on the mere liberality party is considered the equivalent of that of the of the benefactor (e.g., pure donation) (CIVIL other (e.g., sale, lease) CODE, art. 1350) 2. Aleatory – when it depends upon an As to importance or dependence of one upon uncertain another event or contingency both as to benefit or loss 1. Principal – when the contract does not (e.g., insurance, sale of hope) (JURADO 361 depend (2010)) for its existence and validity upon another As to the name or designation contract (e.g., sale, lease) 1. Nominate – those which have a specific name 2. Accessory – depends on another contract for or designation in law (e.g., lease, sale, agency, its existence and validity (e.g., mortgage, etc.) guaranty 2. Innominate – those which have no specific 3. Preparatory – the contract is entered into as designation or name in law (CIVIL CODE, art. a means through which future contracts may be 1307) made (e.g., agency, partnership) (ERNESTO L. a. Do ut des – I give that you may give b. Do ut facias – I give that you may do c. Facio ut des – I do that you may give Note: Do ut des is, however, no longer an innominate contract. It has already been given a name of its own, i.e., barter or exchange. (CIVIL CODE, art. 1638) d. Facio ut facias – I do that you may do (ERNESTO L. PINEDA, OBLIGATIONS AND CONTRACTS 380 (2009))