CHAPTER 1 - Nature and Basis for contracts Flashcards
(41 cards)
ELEMENT THAT DESTINGUISHED BINDING FROM NON-BINDING AGREEMENTS (CIVIL VS NATURAL)
ANIMUS CONTRAHENDI - INTENTION TO CREATE LEGALLY ENFORCABLE OBLIGATIONS
ARE GENTLEMANS AGREEMENTS BINDING, WHY (NOT
ANIMUS CONTRAHENDI INTENTION TO CONTRACT LACKS. ONLY BINDING IN HONOR AND NOT IN LAW
/\ LETTER OF INTENT / SUBJECT TO CONTRACT
RELEVANT TERMS ARE NOT PART OF A LEGALLY BINDING CONTRACT YET
HOW TO DETERMINE PRESENCE OF ANIMUS CONTRAHENDI
MATTER OF FACT, TO BE DETERMINED AFTER ALL AVAILABLE EVIDENCE. EG: LLB DONE, GET A CAR
LACK OF ANIMUS CONTRAHENDI BUT IMPRESSION OF ITS PRESENCE CREATED
VALID CONTRACT. RELIANCE THEORY.
AGREEMENTS W LEGAL EFFECT THAT ARE NOT CONTRACTS
- OBLIGATIONARY,
ABSOLVING, AND
REAL/TRANSFER
AGREEMENTS
(SALE/LEASE)
(CESSION)
(AMIMUS TRADICTIO / ACQUIRENDI)
2 SUI GENERIS CONTRACTS
MARRIAGE
JUDGEMENT BY CONSENT
WHY IS MARRIAGE SUI GENERIS
PRIM PURPOSE NOT RISE OF OBLIGATIONS
CANNOT EXIT WITHOUT STATE
PARTIES RECEIVE STATUS OF PUBLIC CHARACTER
WHY IS JUDGEMENT BY CONSENT SUI GENERIS
C BETWEEN PARTIES
ENFORCED BY STATE
/\ CONTRACT
AGREEMENT BY 2+ WITH INENTION TO CREATE LEGAL OBLIGATIONS
1.1 REQUIREMENTS (ELEMENTS)FOR VALID C
CONSENSUS
CPACITY
FORMALITIES
LEGALITY
POSSIBILITY
CERTAINTY
1.3 FEATURES OF A C
JURISTIC ACT / VINCILUM JURIS
2+
OBLIGATIONS ON BOTH SIDES
FREEDOM OF CONTRACT
CONSENSUS
BONAE FIDEI
1.4 /\ obligation
VINCULUM JURIS, RIGHTS AND RESPONSABILITIES
1.4 RIGHTS MADE THRU C
PERSONAL RIGHTS, THUS PRIVATY OF C
CIVIL VS NATURAL OBLIGATIONS
CIVIL IS ENFORCABLE BY COURTS. NATURAL NOT
HKM IS SKULDVERGELYKING MOONTLIK
SOURCES FOR OBLIGATIONS
C, DELICT, ENRICHMENT, FAMILIES, WILLS, STATUTES
C VS DELICT
C IS VOLUNTARY, D IS FORCED BY STATE
/\ CONCURRENT LIABILITY
C + D, BY BREACH AND BY HARM. FINANCIAL OR RESTITUTION
UNJUSTIFIED ENRICHMENT
ADMIN OF ESTATE SANS CAUSA
CAUSES FOR
C
D
ENRICHMENT
AGREEMENT TO PERFORMANCE
HARM
SHIFT SANS CAUSA
CONTENT OF OBLIGATIONS
C
D
E
PERFORMANCE
AVOID DOING HARM
RETURN OF ENRICHMENT
NATURE OF REMEDY
C
D
E
ACTUAL PERFORMANCE OR COMPENSATION
COMPENSATION
RETURN OF ENRICHMENT
SOURCE OF OBLIGATION
C
D
E
SELF-IMPOSED
LAW IMPOSED
LAW IMPOSED