Law on Obligations and Contracts

Contracts

A sale of hope is a valid contract. Choices: True False

There is a mistake if the party alleging it knew the doubt, contingency or risk affecting the object of the contract. Choices: True False

Give the three (3) requisites of contracts. Enumeration*

The determination of the performance must not be left to a third person. Choices: True False

In order to defraud the creditors of "A", on January 2, 2015, "A" entered into a contract with "B". On December 20, 2021, "C", a creditor, filed a case to rescind the contract between "A" and "B" because it was entered into in fraud of creditors. Will rescission prosper? Choices: Yes No Maybe