Engineering Board Exam Reviewer · ECE · easy

Contracts that are valid but may be rescinded because they cause economic damage (lesion) to a party or third persons, such as those made in fraud of creditors, are called:

1. Rescissible contracts
2. Void contracts
3. Voidable contracts
4. Unenforceable contracts

Answer

A. Rescissible contracts

Solution

Article 1381.

More ECE questions

1. Under the Statute of Frauds, which of the following must be in writing to be enforceable?
2. A contract entered into in the name of another by one who has no authority is:
3. A void contract:
4. Contracts whose cause, object or purpose is contrary to law, morals, good customs, public order or public policy are:
5. Under Article 1330, consent given through mistake, violence, intimidation, undue influence or fraud makes the contract:
6. An acceptance that adds conditions or changes the terms of the offer is legally a:
7. The three stages of a contract are:
8. Contracts that require a specific form for validity, such as a donation of real property, are called:
9. Contracts that are perfected by mere consent are called:
10. The principle that contracts take effect only between the parties, their assigns and heirs is called:

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