Title | Compliance in good faith |
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Course | Bachelor of Science in Business Administration |
Institution | Polytechnic University of the Philippines |
Pages | 1 |
File Size | 28.7 KB |
File Type | |
Total Downloads | 92 |
Total Views | 139 |
requsiites...
means compliance or performance in accordance with the agreed stipulations or terms of the contract
Compliance in good faith
Evasion by a party of legitimate obligations after receiving the benefi ts under the contract would constitute unjust enrichment on his part.
Article 1160
treats of obligation arising from quasi-contracts or contracts implied in law
Quasi-Contracts
is that juridical relation resulting from lawful, voluntary, and unilateral acts by virtue of which the parties become bound to each other to the end that no will will be unjustly enriched or benefited at the expense of others It is not, properly, a contract at all. In a contract, there is a meeting of the minds or consent; the parties must have deliberately entered into a formal agreement. In a quasi-contract, there is no consent but the same is supplied by fi ction of law. In other words, the law considers the parties as having entered into a contract, irrespective of their intention, to prevent injustice....