Study Unit 12 Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

What is a PACTUM SUCCESSORIUM?

A

-is a contract in which the parties attempt to regulate the devolution of the entire or part of the assets of one or both parties.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Plural Form:

A

Pacta Successoria

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The origin:

A

The prohibition of the pacta successorium originates from the common law.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Literal translation of pacta successorium:

A

An agreement of succession

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A pacta successorium is:

A

Is a bilateral juridicial act that operates succession consequences inter vivos

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

A TESTATOR USES A PACTA SUCCESSORIUM:

A

A testator uses a pacta successorium to commit himself or herself to give someone a share of his or her estate after his or her death.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

TESTS USED TO IDENTIFY A PACTA SUCCESSORIUM:

A
  1. Absence of counter-performance
  2. revocability test
  3. restriction of freedom of testation
  4. vesting test
  5. intention test.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

ABSENCE OF A COUNTER-PERFORMANCE

A

an agreement is an invalid pacta successorium unless it can be proven that a counter-performance has been given to the promisor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

REVOCABILITY TEST

A

A pacta successorium fundamentally binds a promisor to the agreement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

RESTRICTION OF FREEDOM OF TESTATION:

A

any contract that attempts to restrict a person’s freedom to dispose of his or her estate as he or she wishes is invalid and thus an invalid pacta successorium

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

VESTING TEST:

A

when a beneficiary that obtains a vested right immediately in terms of an agreement before the giver’s death, an invalid pacta successorium even if the use and enjoyment is postponed until death

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

INTENTION TEST

A

to determine whether the agreement is an invalid pacta successorium is the intention of the parties.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly