Object of contract Flashcards
1
Q
object of contract meaning
A
The subject matter; the thing, right or service which is the subject matter of the obligation arising from the contract
2
Q
Requisites
A
- it must be within the commerce of men
- not legally or physically impossible
- in existence or capable of coming into existence
- determinate or determinable, without the need of a new contract between parties
3
Q
What may be the object of a contract
A
All things or services may be the object of contracts, which includes future things [Art. 1347, Civil Code]
4
Q
Distinguish cause from motive
A
- cause is the proximate reason for contract while motive is the remote reason for the contract
- the cause is objective or juridical while the motive is psychological or purely personal
- the cause is always the same for each contracting party while the motive differs for each contracting party