MidTerm Summary Flashcards
– those derived from the nature of the contract and ordinarily accompany the same.
Natural
Those which lack individuality and are not regulated by special provisions of law. It is regulated by the stipulations of the parties by the general provisions of the CC on obligations & contracts, by the rules governing the most analogous nominate contracts & by the customs of the place.
Innominate Contracts
CHARACTERISTICS OF CONTRACTS: (ROMA)
- Relativity (Art 1311)
- Obligatoriness & Consensuality (Art 1315)
- Mutuality (Art 1308)
- Autonomy (Art 1306)
– obligations to give
Real Obligations
– fulfillment of the condition depends partly upon chance and/or the will of a third person
Mixed
– arises whenever a person unduly delivers a thing through mistake to another who has no right to demand it.
Solutio Indebiti (Payment not due)
– two parties reciprocally bound (e.g. purchase & sale)
Bilateral Obligations
̶ is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service.
CONTRACT
_________ those which have their own distinctive individuality and are regulated by special provisions of law. (i.e. sale, lease, etc.)
Nominate Contracts
____________ is the damage suffered by 1 party who does not receive the adequate equivalent for what he gives in a commutative contract, like a sale. It is an economic injury by inadequacy of price.
Lesion
I do that you give
Facio ut des
– the day/time of day certain is unknown
indefinite
Those where one of the parties is incapable of giving consent to a contract;
VOIDABLE or ANNULLABLE CONTRACTS
– stipulated by parties
conventional
________________ considers the public peace & order and safety & health of the community.
Public Order
__________ cleanses the contract of its defects.
Ratification
– One to which an accessory undertaking is attached for the purpose of insuring its performance by virtue of which the obligor is bound to pay a stipulated indemnity or perform a stipulated prestation in case of breach.
OBLIGATION WITH PENAL CLAUSE
obligor or debtor
Passive subject
– date/time is known beforehand
definite
a contract where consent to it is given in a state of drunkenness or under hypnotic spell
VOIDABLE or ANNULLABLE CONTRACTS
Those where the consent is vitiated by mistake, violence, intimidation, undue influence or fraud.
VOIDABLE or ANNULLABLE CONTRACTS
➢Are those agreed upon by the parties to a contract, to be paid in case of breach thereof.
.
LIQUIDATED DAMAGES
all things, which are not outside the commerce of men, including future things, may also be the objects of contracts. No contract may be entered into upon future inheritance except in cases expressly authorized by law.
OBJECT OF CONTRACTS
– I give that you give
Do ut des
Those which are absolutely simulated or fictitious;
VOID or INEXISTENCE CONTRACTS
– obligations to do or not to do
Personal Obligations
I give that you do
Do ut facias
_____________ in contracts, the cause is understood to be, for each contracting party, the prestation or promise of a thing or service by the other; in remuneratory ones, the service or benefit which is renumerated.
CAUSE OF CONTRACTS:
are those juridical relations arising from lawful, voluntary and unilateral acts, based on the principle that no one shall be unjustly enriched or benefited at the expense of another
Quasi- contracts
The action for annulment shall be brought within ______
4 years
Those entered into in the name of another person by one who has been given no authority or legal representation, or who has acted beyond his powers;
UNENFORCEABLE CONTRACTS
– stipulation in favor of a 3rd person.
Stipulation pour atrui
– sanctioned by law, etc.
Civil Obligations
____________ refers to standards of justice (right or wrong) & decency acknowledge by the society.
Morals & Good Customs
Indemnification for damages shall comprehend not only the value of the loss suffered, but also that of the profits which the obligee failed to obtain.
ACTUAL OR COMPENSATORY DAMAGES
Though incapable of pecuniary computation, _________ may be recovered if they are the proximate result of the defendant’s wrongful act or omission.
MORAL DAMAGES
The adjudication of __________ shall preclude further contest upon the right involved & all accessory questions, as between the parties to the suit, or their respective heirs & assigns.
NOMINAL DAMAGES
– fulfillment of the condition depends upon the will of a party to the obligation
Potestative
_______________ contracts which has the tendency to injure the public is against the public good, or contravenes some established interest of society or is inconsistent with sound policy and good morals, or tends clearly to undermine the security of individual rights.
Public Policy
TYPES OF DEFECTIVE CONTRACTS:
- RESCISSIBLE CONTRACTS
- VOIDABLE or ANNULLABLE CONTRACTS
- UNENFORCEABLE CONTRACTS
- VOID or INEXISTENCE CONTRACTS
__________________ Contract is only valid between parties, assigns and heirs.
RELATIVITY
– fulfillment of the condition depends upon the chance and/or upon the will of a third person
Casual
– obligation becomes demandable only upon arrival of a day certain
suspensive
KINDS OF OBLIGATIONS:
- Pure & conditional obligations
- Obligation with a period
- Alternative Obligations
- Joint & Solidary Obligations
- Divisible & Indivisible Obligations
- Obligations with a Penal Clause
____________________ Contracts are perfected by mere consent and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all consequences which, according to their nature may be in keeping with good faith, usage & law.
OBLIGATORINESS & CONSENSUALITY
Those which contemplate an impossible service;
VOID or INEXISTENCE CONTRACTS
Are adjudicated in order that a right of the plaintiff, which has been violated or invaded by the defendant, may be vindicated or recognized, and not for the purpose of indemnifying the plaintiff for any loss suffered by him.
NOMINAL DAMAGES
– condition involves the omission of an act
Negative
Obligations derived from ____________ shall be subject to the provision of Chapter 1, title XVII (Extra-Contractual Obligations).
quasicontracts
cannot be recovered as a matter of right; the court will decide whether or not they should be adjudicated.
Exemplary damages
– those which exist only when the parties expressly provide for them for the purpose of limiting or modifying the normal effects of the contract.
Accidental
Those where the intention of the parties relative to the principal object of the contract cannot be ascertained
VOID or INEXISTENCE CONTRACTS
Which are more than nominal but less than compensatory damages, may be recovered when the court finds that some pecuniary loss has been suffered but its amount cannot, from the nature of the case, be proved with certainty.
TEMPERATE OR MODERATE DAMAGES
Obligations derived from ______ are not presumed.
law
obligee or creditor
Active subject
– Vinculum Juris or Juridical tie (i.e. Sources of Obligations)
Efficient Cause
DAMAGES MAY BE:
- Actual or compensatory;
- Moral;
- Nominal;
- Temperate or moderate;
- Liquidated; or
- Exemplary or corrective