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What is Defective Contracts Overview about?
This document summarizes different types of defective contracts under Philippine law. It discusses rescissible contracts, which are valid but can be annulled due to economic damage or lesion. It also covers voidable contracts, which are binding unless annulled due to incapacity or vitiated consent. The remedies include rescission, restitution of objects and fruits/price, and a 4-year period to file an annulment action that begins when the defect ceases. Creditors can also avail of remedies for contracts mad
- Author
- chelsea
- Language
- EN