m, ams,cs
m, ams,cs
EXECUTORY CONTRACTS:
- enforceable na kapag may partial
performance
-SCOPE OF THE 2. ANSWER FOR THE DEBT, DEFAULT,
OR MISCARRIAGE OF ANOTHER
STATUTE OF FRAUDS- - ABONO!!!!!!!
- Si Pogi may utang kay Ganda
- Si Beauty ang guarantor =
MUST BE IN WRITING TO BE WRITING
ENFORCEABLE: - Ganda cannot compel Beauty
1. NOT TO BE PERFORMED WITHIN because it is not in WRITING
ONE YEAR/MORE THAN ONE
YEAR
2. ANSWER THE DEBT -
GUARANTOR
3. MARRIAGE
4. SALE OF GOODS, ETC, AT PRICE
LESS THAN P500
5. LEASING FOR MORE THAN ONE
YEAR 3. MARRIAGE
6. SALE OF REAL PROPERTY OR - Dapat in WRITING, para maging
INTEREST enforceable like magawa ang
7. CREDIT OF A THIRD PERSON obligation sa contract
- PROMISE NG MAG-ASAWA:
enforceable
1404 RATIFICATION
- Importance of consent
- UNAUTHORIZED CONTRACTS
- Ratified or Approved when:
accepted tacitly
6. SALE OF REAL PROPERTY OR
- WITHOUT APPROVAL: remains
INTEREST
unenforceable
- Must be in WRITING
- Unless partially executed
1405 2 WAYS OF
RATIFICATION
1. FAILURE TO OBJECT
2. ACCEPTANCE OF BENEFITS
7. CREDIT OF A THIRD PERSON
- PROVEN ORALLY
- Gusto manghiram pero sabi na good
reputation and credit status
- For not unjust enrichment
- Nagpapa-loan ka sa tao: must be in
- Kapag nagtanggap na
WRITING
- Kapag binigay ni Bank ang pera:
UNENFORCEABLE TO COMPEL
kasi via verbal 1406 ONE PARTY COMPEL
- If by VERBAL/ORAL: no
agreement/unenforceable
OTHER TO EXECUTE
- Pwede i-sue ng Bank ang nag-refer DOCUMENT
sa mangungutang na good
reputation/credits siya
● Registry of Deeds: PUBLIC
DOCUMENT
● Donations of real property must be
PUBLIC to be valid and enforceable
DONATIONS = PUBLIC
DOCUMENT
SALE = PRIVATE DOCUMENTS (but
may compel the other for public document)
1407 PARENTS RATIFY 1408 CANNOT BE
- Pwede si guardian mag-ratify ASSAILED BY 3RD
- Kapag isang parent nag-ratify = PERSONS
VOIDABLE
- If both parents ratified = VALID - Strangers cannot attack or annul or
question the contract
● Both minors entered into a - STRANGER SA CONTRACT
contract: unenforceable INTERFERENCE = EKIS/BAWAL!!!
● If parent of Pogi ratifies =
VOIDABLE
● If parent of Ganda ratifies = it
becomes validated, retroactive
effect