Law 5110 Study Guide - Quiz Guide: Contract, Mental Disorder, Actual Notice
Document Summary
Juridical act performed with the intention to bring about legal consequences. Legally binding agreement regardless its form (oral or written) Our contract system is open (economical reasons), while the roman system was closed (just certain agreements were recognized). This change was caused by the influence of canon law and by an increasing diffusion of morality (pacta sunt servanda) Lawyers classify contract in base of: parties involved; b2b, b2c, c2c, kind of performance; specific, nominative, reason of contract; bilateral, unilateral. Main principles of contract: 1-freedom of contract (with whom, about what, if join or not), 2-binding force. 1-party agreement: the contracting parties have total freedom (within moral and legal limits) to choose about the contents of the agreement, even deviating from provisions. Important to remember is that professional parties often use the so-called general conditions which are suited to their own interests.
