Question
Q34. What are the four (4) kinds of defective contracts? A34. The kinds of defective contracts are (a) rescissible contracts; (b) voidable contracts; (c) unenforceable
Q34. What are the four (4) kinds of defective contracts?
A34. The kinds of defective contracts are (a) rescissible contracts; (b) voidable contracts; (c) unenforceable contracts; and (d) void or inexistent contract.
1. Define each of the above-mentioned defective contracts.
2. Give an illustration of "lesion" under Article 1381.
3. Give an illustration of "ratification" of a voidable contract.
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Business Law and the Legal Environment
Authors: Jeffrey F. Beatty, Susan S. Samuelson
5th edition
324663525, 324663528, 1133587496, 978-1133587491
