This case has been cited 1 times or more.
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2005-01-28 |
SANDOVAL-GUTIERREZ, J. |
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| In determining whether the Deed of Absolute Sale dated April 19, 1983 is valid, it must contain the essential requisites of contracts, viz: (1) consent of the contracting parties; (2) object certain which is the subject matter of the contract; and (3) cause of the obligation which is established.[5] A contract of sale is perfected at the moment there is a meeting of the minds upon the thing which is the object of the contract and upon the price.[6] Consent is manifested by the meeting of the offer and the acceptance upon the thing and the cause which are to constitute the contract.[7] To enter into a valid legal agreement, the parties must have the capacity to do so. | |||||