ObliCon Flashcards
Memorization
What is the general definition of a contract according to Article 1305?
A contract 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.
True or False: Contracts must always be in writing to be enforceable according to Article 1306.
False
Fill in the blank: Contracts that are lawful and not contrary to law, morals, good customs, public order, or public policy are _____ according to Article 1306.
valid
According to Article 1307, what is the legal effect of a contract that is contrary to law?
It is void.
What does Article 1308 state about the effects of contracts?
Contracts shall have force of law between the contracting parties and shall be complied with in good faith.
True or False: Article 1309 allows for the modification of contracts without mutual consent.
False
According to Article 1310, what happens if a contract has a resolutory condition?
The obligation is suspended until the condition is fulfilled.
What is the effect of a contract that is entered into by a person who lacks capacity according to Article 1311?
The contract is voidable.
Multiple Choice: Which of the following is NOT a requirement for a valid contract according to Article 1312? A) Consent, B) Legal Capacity, C) Notarization, D) Lawful Object
C) Notarization
According to Article 1313, what must be present for consent to be considered valid?
Consent must be freely given and not obtained through mistake, violence, intimidation, undue influence, or fraud.
Fill in the blank: The _____ of a contract refers to the subject matter of the agreement as per Article 1314.
object
True or False: Article 1315 states that a contract can have a lawful object even if it is not possible.
False
What does Article 1316 say about contracts with a future object?
They are valid if the object is lawful and determinate.
According to Article 1317, what is the effect of a contract made in bad faith?
The contract is still valid, but the party acting in bad faith may be liable for damages.
What type of contracts does Article 1305 refer to?
All types of contracts, including bilateral and unilateral.
True or False: Article 1306 states that contracts can be rescinded at any time.
False
What does Article 1309 say about the performance of contracts?
Contracts must be performed in accordance with the terms agreed upon by the parties.
Fill in the blank: Article 1310 refers to a suspensive condition that _____ the obligation.
delays
Multiple Choice: Which article addresses the effects of contracts? A) Article 1305, B) Article 1310, C) Article 1308, D) Article 1311
C) Article 1308
According to Article 1312, what is necessary for a contract to be enforceable?
The contract must have a lawful object and be entered into by parties with legal capacity.
True or False: Article 1313 states that consent can be obtained through coercion.
False
What is the primary purpose of Article 1314?
To define the requirements for the object of a contract.
According to Article 1315, in what situation is a contract considered void?
If its object is unlawful.
Fill in the blank: Article 1316 allows for contracts with future objects as long as they are _____ and lawful.
determinate
