Article 1307 Flashcards
ART 1307 states that
Innominate contracts shall be regulated by the stipulations of the parties, by the provisions of titles I and II of this Book, by the rules governing the most analogous nominate contracts and by the customs of the place.
Classification of contracts according to its name or designation
Nominate Contract
There are 2
- That which has a specific name or designation in law (ex. lease, agency, sale)
Classification of contracts according to its name or designation
Innominate Contract
There are 2
- That which has no specific name or designation in law.
Kinds of innominate contract
There are 3
do ut des is now given a name called
- Do ut facias ( I give that you may do)
- facto ut des ( I do that you may give)
- facto ut facias ( I do that you may do)
barter or exchange
Reaons for innominate contracts
The impossibility of anticipating all forms of agreement on one hand, _______________
and the progress of man’s sociological and economic relationships on the other, justify this provision
Reaons for innominate contracts
A contract will not, therefore, be considered invalid for failure to confrom strictly _____________
to the standard contracts outlined in the Civil Code. It is sufficient that it has all the elements of a valid contract (ART 1318, 1356)
Rules governing innominate contracts
Innominate contracts shall be governed by
there are 4
- The agreement of the parties
- The provisions of the Civil Code on obligations and contracts;
- The rules of governing the most analogous contracts
- the customs of the place