1. May a third person acquire rights under a contract to which he is a stranger or be bound thereby? explain. 2. A and B entered into a contract not specifically provided in the Civil Code. is the contract valid and binding? 3. give the effect of the perfection of a contract.

1. May a third person acquire rights under a contract to which he is a stranger or be bound thereby? explain 2. A and B entered into a contract not specifically provided in the civil Code, Is the contract valid and binding? 3. give the effect of the perfection of a contract