Article 1305
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
A contract is a meeting of minds between two or more parties, whereby one party obligates themselves to give, do, or refrain from doing something in favor of the other.
Official text — RA 386
A contract is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service. (1254a)
Source: lawphil.net (RA 386 as amended)
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