Article 1305 Flashcards

1
Q

CONTRACT

A

The meeting of minds between two contracting parties which takes place when an offer by one party is accept by the other.

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2
Q

CONTRACT VS OBLIGATIONS

A
  • Contract=Source of Obligation.

* Obligation=Legal tie or relation after a contract has been entered into.

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3
Q

CLASSIFICATION OF CONTRACTS ACCORDING TO NAME

A
  • NOMINATE

* INNOMINATE

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4
Q

ACCORDING TO PERFECTION

A
  • Consensual

* Real

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5
Q

ACCORDING TO CAUSE

A
  • ONEROUS
  • REMUNERATORY
  • GRATUITOUS
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6
Q

ACCORDING TO FORM

A
  • INFORMAL, COMMON or SIMPLE

* FORMAL OR SOLEMN

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7
Q

ACCORDING TO OBLIGATORY FORCE

A
  • VALID
  • RESCISSIBLE
  • VOIDABLE
  • UNENFORCEABLE
  • VOID or INEXISTENT
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8
Q

ACCORDING TO PERSON OBLIGED and LIABILITY

A
  • UNILATERAL

* BILATERAL

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9
Q

ACCORDING TO RISK

A
  • COMMUTATIVE

* ALEATORY

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10
Q

ACCORDING TO STATUS

A
  • EXECUTORY

* EXECUTED

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11
Q

ACCORDING TO DEPENDENCE TO ANOTHER CONTRACT

A
  • PREPARATORY
  • ACCESSORY
  • PRINCIPAL
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12
Q

ACCORDING TO DEPENDENCE OF PART OF CONTRACT TO OTHER PARTS

A
  • INDIVISIBLE

* DIVISIBLE

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