Article 2010
ELI5— what this means for you
By an aleatory contract, one of the parties or both reciprocally bind themselves to give or to do something in consideration of what the other shall give or do upon the happening of an event which is uncertain, or which...
Official text — RA 386
By an aleatory contract, one of the parties or both reciprocally bind themselves to give or to do something in consideration of what the other shall give or do upon the happening of an event which is uncertain, or which is to occur at an indeterminate time. (1790)
CHAPTER 1
Insurance
Source: lawphil.net (RA 386 as amended)
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