10 Questions
According to the Civil Code, how is a contract defined?
An agreement between two or more persons creating, varying, or extinguishing an obligation of a proprietary nature
What is the minimum number of persons required to form a contract?
Two
Which term best represents the legal principle of mutual consent in a contract?
Intentio Obligandi
In which type of contract can an exception be made regarding the principle of not concluding a contract with oneself?
Contract of agency
What is the basis of classifying contractual obligation and legal obligation?
The source of the obligation
Which type of obligation involves showing due diligence without the expectation of achieving a specific result?
Obligation of diligence
What is an example of a pure legal obligation?
The obligation to pay tax
Under what circumstance does an extra (non-contractual) obligation arise?
Due to the fault of a person
What type of obligation involves a determined result expected from the person under such obligation?
Obligation of result
What creates a relationship between the contracting parties and prohibits them from creating obligations on third parties that may not be beneficial?
Law of Agency
Study Notes
Contract Definition and Formation
- A contract is defined by the Civil Code.
- A minimum of two persons are required to form a contract.
Mutual Consent Principle
- The term that best represents the legal principle of mutual consent in a contract is "consent".
Exceptions to Contract Principles
- An exception to the principle of not concluding a contract with oneself can be made in the case of a unilateral contract.
Classification of Obligations
- Contractual obligations and legal obligations are classified based on the basis of their origin.
Types of Obligations
- Obligations of means involve showing due diligence without the expectation of achieving a specific result.
- Example of a pure legal obligation: obligation to pay taxes.
- Obligations of result involve a determined result expected from the person under such obligation.
Extra-Contractual Obligations
- An extra (non-contractual) obligation arises in cases of liability for damages or injuries caused to others.
Relationship Between Contracting Parties
- A contractual relationship creates a relationship between the contracting parties and prohibits them from creating obligations on third parties that may not be beneficial.
Test your understanding of Chapter 2 on the law of contract which explores the definition and regulation of consensual relations among individuals through legal mechanisms. This quiz covers the fundamental concepts and principles of contracts.
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