Civil Code Art. 1345: Essential Requisites of

Statute: Civil Code
Article: Art. 1345
Topic: Essential Requisites of Contracts
Book: BOOK IV Obligations and Contracts
Title: TITLE II CONTRACTS
Chapter: CHAPTER 2 Essential Requisites of Contracts
Year: 1949

The provision

Simulation of a contract may be absolute or relative. The former takes place when the parties do not intend to be bound at all; the latter, when the parties conceal their true agreement. (n)

Cases applying this article

Vicente Atlas R. Catalan v. Cristina B. Bombaes G.R. No. 233461

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