Contracts.txt

A contract that can stand by itself

The cause, with respect to one party is the prestation or the promise of a thing or service by the other party

A contract whose fulfillment depends upon chance

Only one party is obliged to give or something or to do

The contracting parties may establish such terms and stipulations as they may deem convenient provided they are not contrary to law, morals goo customs public order or public policy

the principle that contracts are perfected by mere consent

A stipulation that clearly and deliberately confers a favor upon a third person

The offerree is given a certain period within which to buy or not the thing being offered

A vice of consent where a person is compelled by a reasonable and well-grounded fear of an imminent an grave evil upon his person or property of his spouse ascendant, or descendant

The parties do not intend to be bound at all

The remedy in equity by means of which a written instrument is made to conoform to the real intention of the parties when some error has been committed

The cause thereof is the service remunerated

The action that is brought to set aside a voidable contract

They are inherent in a contract unless set aside or suppressed by the parties

Involves preliminary negotiations and bargaining with no arrival yet of a definite agreement

The must be in the form provided by law, in addition to having the 3 essential requisites of a contract

The term used when both parties to a contract are guilty

A contract that is perfected by mere consent

Its existence depends upon another contract

The period of temporary sanity of an insane person

It exists when serious or irresistible force is employed to obtain consent

Inadequacy of cause in a contract

It has all the essential requisites of a contract but which may be set aside by reason of injury or damage to third persons

It is designed to prevent the commission of fraud by requiring certain contracts to be in writing

The delivery of the object is required for its perfection

It has a special name under the law

The cause thereof is the liberality of the benefactor

Both parties are required to perform reciprocal prestations

The principle that the contract has the force of law between the contracting parties and must be complied with in good faith

It must refer to the substance of the thing which is the object o the contract or the principal conditions which moved a party into the contract, in order to vitiate consent

The particular reason of a party in entering into a contract

The remedy allowed by law to the contracting parties and to third persons to repair the damages caused them by contract

It is defective by reason of the incapacity or vitiated consent of one of the parties to a contract

Elements without which a contract would not exist

The terms of the contract have been fulfilled resulting in its accomplishment

A contract that does not have any special name under the law

A contract where the parties give equivalent values hence there is real fulfillment

The manifestation of the meeting of the offer and the acceptance upon the thing and the cause which are to constitute the contract

The principle that a contract must bind both contracting parties and that its validity or compliance cannot be left to the will of one of them

The use of insiduous words or machinations to obtain consent

An accessory penalty which deprives a person during the term of his sentence of the rights of parental authority, of guardianship, of marital authority, of the right to manage his property and of the right to dispose of such property by any act or conveyance inter vivos

It is present when a person takes improper advantage of his power over the will of another depriving the latter of a reasonable freedom of choice

The parties that contracts take effect only between the contracting parties, their assigns and heirs

The adoption or affirmation of a contract which is defective because of a party's vitiated consent or incapacity

A contract without any force and effect since the beginning

They refer to the stipulations agreed upon by the contracting parties such as terms of payment, interest rate, etc.,

The stage of a contract when there is a meeting of minds between the parties on a definite subject matter and valid cause