Contracts Table
Contracts Table
Note:
1. implied in reciprocal obligation 10 years (written contract)
2. if rescission is stipulated (1592) 10 years (written contract)
3. creditor’s act the debtor cannot ---
make a choice in Alternative
obligations
4. sale of real property (>1/10 lesion) 6months from delivery
Voidable 1. Incapable of giving consent 4years from, Expressly or impliedly
2. Vitiated consent (mistake, defect of consent (execute an act which
violence, intimidation, undue ceases necessarily implies an
discovery intention to waive his
influence, fraud) guardianship ceases right)
Effected by guardian or
injured party
Unenforceable 1. no authority or beyond his Statutes of fraud
powers applies only to an
2. both incapable of giving executor contract and Express of implied rati by 1
not to contract partially parent or guardian (becomes
consent (by guardian)
or totally consummated as if one is only
3. Statute of frauds
incapacitated) – Voidable
Not to be performed w/n 1yr
Special promise to answer for
debt, default or miscarriage Promise to answer: ratified
by failure to object to the (1)
Consideration of marriage
presentation of oral evidence
500 or more or (2) acceptance of benefit
Lease >1yr
Representation as to the credit of
a 3rd Person