The document discusses four types of defective contracts: rescissible contracts, which are valid but cause damage to third parties; voidable contracts, which are valid but the consent was defective; unenforceable contracts, which lack proper form; and void contracts, which are invalid due to missing essential elements. Rescissible, voidable, and unenforceable contracts can be ratified, while void contracts cannot be ratified and provide no remedies.
The document discusses four types of defective contracts: rescissible contracts, which are valid but cause damage to third parties; voidable contracts, which are valid but the consent was defective; unenforceable contracts, which lack proper form; and void contracts, which are invalid due to missing essential elements. Rescissible, voidable, and unenforceable contracts can be ratified, while void contracts cannot be ratified and provide no remedies.
The document discusses four types of defective contracts: rescissible contracts, which are valid but cause damage to third parties; voidable contracts, which are valid but the consent was defective; unenforceable contracts, which lack proper form; and void contracts, which are invalid due to missing essential elements. Rescissible, voidable, and unenforceable contracts can be ratified, while void contracts cannot be ratified and provide no remedies.
A contract that is binding. A contract that is enforceable. Rescissible Contracts Considered as a defective contract because it causes damage to third parties. Ratifiable. (To confirm of something) Recession can be made to avoid payment for damages. Article 1381 talks more about this kind of defective contract. A contract that is valid. A contract that is binding. A contract that is enforceable. Considered as a defective contract because the consent that makes the contract is defective. Voidable Contracts Ratifiable. Annulment can be made to avoid payment for damages. A contract is voidable if one of the parties is incapable of giving consent. A contract is voidable if one or more of the vices of consent is present. (Violence, Intimidation, Mistake, Fraud, and Undue Influence.) Article 1390 talks more about this kind of defective contract. A contract that is valid. A contract that is non-binding. A contract that is non- enforceable. Considered as a defective Unenforceable Contracts contract because there is no form in the contract which makes it lacks authority. Ratifiable. Article 1403 talks more about this kind of defective contract. A contract is unenforceable if it is an unauthorized contract, transactions to be made are under fraud, and if both parties can’t perform what is said in the contract. A contract that is not valid. A contract that is non-binding. A contract that is non- enforceable. Considered as a defective contract because there is/are Void Contracts missing element/s that is essential in the contract. Non-ratifiable. Article 1409 talks more about this kind of defective contract. The parties in this kind of contract cannot ask for remedy, take each other to court and ask for damages, and request the other party to do, to give, or not to do since the contract from the start is null and void. I AM MARK DORIAS