- Statute
- Civil Code
- Article
- Art. 1315
- Topic
- Perfection of contracts
- Year
- 1949
The provision
Art. 1315. Contracts are perfected by mere consent, and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which, according to their nature, may be in keeping with good faith, usage and law. (1258)
Key points
Contracts are perfected by mere consent; from that moment the parties are bound not only to what is expressly stipulated but to all consequences which, by their nature, are consistent with good faith, usage, and law.
Related provisions
Continue your research on Intellegal
Research aid — not legal advice. Verify the current text against the Official Gazette. Provisions may have been amended or repealed. Using this page creates no attorney-client relationship. For legal advice, consult a Philippine lawyer.