CHAP 2 (contracts)

Question 1

REQUISITES
OF CONTRACTS

Answer 1

(1) Consent of the contracting parties;
(2) Object certain which is the subject matter of the contract;
(3) Cause of the obligation which is established.

Question 2

Classes of elements of a contract.

Answer 2

(1) Essential elements
(2) Natural elements
(3) Accidental elements

Question 3

Essential elements

Answer 3

those without which no contract can validly exist. They are also known as requisites of a contract.

Question 4

Essential elements can be subdivided into

Answer 4

(a) COMMON or those present in all contracts, namely, consent,
object, and cause

(b) SPECIAL or those not common to all contracts or those which must be present only in or peculiar to certain specified contracts, and such peculiarity