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Contract
An agreement between two or more parties to establish, regulate, or extinguish a legal relationship having patrimonial content.
Essential Requirements of a Contract
The key components needed for a valid contract, including agreement, causa, subject-matter, and form.
Effects of Contract
Contracts regulate economic life by establishing rights and obligations for the parties, having the force of law between them.
Good Faith
The principle that mandates parties must act fairly and disclose reasons for invalidity in a contract; violation can lead to liability for damages.
Contractual Autonomy
The freedom of parties to determine the content of their contract within legal limits, subject to certain protections imposed by law.
Typical Contracts
Contracts for which specific regulations are provided by law.
Atypical Contracts
New types of contracts not specifically regulated by law, following general rules for contracts.
Binding Force of a Contract
The principle that a person can dispose of their interests at will, within limits set by legal systems.
Negotiorum gestio
The management of another's affairs without their consent, which must be completed and cannot involve forcing economic advantage on another without consent.
Plurality of Parties and Interests
The presence of multiple parties in a contract, each with potentially conflicting interests, necessitating protection for all parties.