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Title II - CONTRACTS

Chapter 2
ESSENTIAL REQUISITES
OF CONTRACTS

Members:
Cabaña, Tricia Ann D.
Gallano, Jimwell
Loreto, Precious
ARTICLE 1318
SECTION 1. — Consent

ARTICLE 1319
Consent is manifested by the meeting of the
offer and the acceptance upon the thing and the
cause which
are to constitute the contract. The offer must be
certain and
the acceptance absolute. A qualifi ed acceptance
constitutes a
counter-offer.
Acceptance made by letter or telegram does not
bind the
ARTICLE 1320

An acceptance may be express or implied. (n)

ARTICLE 1321

The person making the offer may fi x the time,


place, and manner of acceptance, all of which must
be complied
with. (n)
ARTICLE 1322

An offer made through an agent is accepted from the


time acceptance is communicated to him. (n)
ARTICLE 1323

An offer becomes ineffective upon the death, civil


interdiction, insanity, or insolvency of either party
before acceptance is conveyed. (n)

ARTICLE 1324

When
ARTICLE 1325

Unless
ARTICLE 1327

The following cannot give consent to a contract:


(1) Unemancipated minors;
(2) Insane or demented persons, and deaf-mutes who
do
not know how to write.

ARTICLE 1328

Contracts entered into during a lucid interval are


valid. Contracts agreed to in a state of drunkenness
or during a
hypnotic spell are voidable. (n)
ARTICLE 1330

A
ARTICLE 1331

In
ARTICLE 1333
ARTICLE 1335
ARTICLE 1336
ARTICLE 1338

There is fraud when, through insidious words or


machinations of one of the contracting parties, the
other is induced to enter into a contract which,
without them, he would not have agreed to.
ARTICLE 1339
ARTICLE 1341
ARTICLE 1344
ARTICLE 1346

An absolutely simulated or fi ctitious contract is


void. A relative simulation, when it does not
prejudice a third person and is not intended for any
purpose contrary to law, morals, good customs,
public order or public policy binds the parties to
their real agreement.
THANK
YOU❣️

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