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REGAL FILMS v. GABRIEL CONCEPCION

This case has been cited 4 times or more.

	GR No. 194515 2015-09-16	SPS. OSCAR AND GINA GIRONELLA v. PHILIPPINE NATIONAL BANK PEREZ, J.
A contract is perfected by mere consent.[16] In turn, consent is manifested by the meeting of the offer and the acceptance upon the thing and the cause which are to constitute the contract.[17] The offer must be certain and the acceptance seasonable and absolute.[18] If qualified, the acceptance would merely constitute a counter-offer[19] as what occurred in this case.
	GR No. 183387 2009-09-29	SIMEON M. VALDEZ v. FINANCIERA MANILA PERALTA, J.
Compromise agreements are contracts, whereby the parties undertake reciprocal obligations to resolve their differences,[40] thus, avoiding litigation,[41] or put an end to one already commenced.[42]
	GR NO. 137549 2005-02-11	AURELIO P. ALONZO v. JAIME CHICO-NAZARIO, J.
Compromise agreements are contracts, whereby the parties undertake reciprocal obligations to resolve their differences[43] thus avoiding litigation,[44] or put an end to one already commenced.[45]
	GR No. 147410 2004-02-05	INSULAR LIFE ASSURANCE COMPANY v. ASSET BUILDERS CORPORATION PANGANIBAN, J.
It is elementary that, being consensual,[33] a contract[34] is perfected[35] by mere consent.[36] From the moment of a meeting[37] of the offer and the acceptance[38] upon the object and the cause that would constitute the contract,[39] consent arises.[40] However, "the offer must be certain"[41] and "the acceptance seasonable and absolute;[42] if qualified,[43] the acceptance[44] would merely constitute a counter-offer."[45]