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Article 1323

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

An offer becomes ineffective upon the death, civil interdiction, insanity, or insolvency of either party before acceptance is conveyed.

Official text — RA 386

An offer becomes ineffective upon the death, civil interdiction, insanity, or insolvency of either party before acceptance is conveyed. (n)

Source: lawphil.net (RA 386 as amended)

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