Contracts 5: Voidable Contracts (Defective Contracts)

Article 1390 of the Civil Code of the Philippines states that the following contracts are voidable or annullable, even though there may have been no damage to the contracting parties: (1) Those where one of the parties is incapable of giving consent to a contract; (2) Those where the consent is vitiated by mistake, violence, intimidation, undue influence or fraud. These contracts are binding, unless they are annulled by a proper action in court. They are susceptible of ratification. Disclaimer: These videos are intended for purely academic and scholarly purposes and are not meant to serve as a substitute for proper legal advice. The author and any of his heirs, successors, or assigns, assume no liability nor responsibility for misuse or misunderstanding of the information contained in these videos.