Contracts

This includes basic theory on contracts included on the subject Law on Obligation and Contracts. The sources used are Law on Obligation (12th edition) by Henry de Leon and tiny bit of RFBT (2022) by Soriano, Laco and Mariano to check some concepts. I also include some mnemonics put in here https://www.studocu.com/ph/document/polytechnic-university-of-the-philippines/obligations-and-contracts/law-notes-law-on-obligations-and-contracts-summary/7704734?utm_campaign=shared-document&utm_source=studocu-document&utm_medium=social_sharing&utm_content=law-notes-law-on-obligations-and-contracts-summary

Sample Data

Front	When does a property sold that is mortgage will be also passed to the buyer?
Back	When it is registered in the registry of deeds (since third person will be subject to it).

Front	Once the debtor paid the earnest money, is the option contract already binding?
Back	Yes because it is a downpayment on the contract.

Front	If there is a bilateral promise between offerer and offeree, is the contract perfected and binding?
Back	Yes it is a contract not an option.