Article 1380
ELI5— what this means for you
Rescissible contracts are valid until rescinded by a court. Grounds for rescission: contracts entered into by guardians on behalf of wards when the ward suffers lesion of more than 1/4 of the value; contracts in fraud of creditors; etc.
Official text — RA 386
Contracts validly agreed upon may be rescinded in the cases established by law. (1290)
Source: lawphil.net (RA 386 as amended)
Related
RELATED RIGHTS
Legal disclaimer: BatasKo provides general legal information, not legal advice. For advice on contracts, property rights, obligations, or civil damages, consult a licensed Filipino lawyer or the Public Attorney's Office (PAO) at pao.gov.ph.