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Study Notes
- Valid consent requires freedom, knowledge, and absence of error, fraud, or violence.
- Capacity to contract varies for individuals and legal entities.
- Minors and persons under guardianship have limited capacity to contract.
- Persons under tutelage cannot be associated with a company.
- Companies have limited capacity to contract based on their stated purpose.
- The object of a contract may differ from the object of a company's purpose.
- Illegal objects in a contract or company purpose are not enforceable.
- Two types of contracts: synallagmatic and unilateral.
- Synallagmatic contracts require mutual obligations between parties.
- Unilateral contracts involve one party making a promise or offer.
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