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C the parties can ask for annulment of the contract d

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c. The parties can ask for annulment of the contract.d. There is no contract.74. Valid until annulled unless there has been a ratificationa. Rescissible contractc. Voidable contractb. Inexistence contractd. None of the above
75. In three of the following defective contracts, ratification cleanses thedefects. Which is the exception?
76.Statement No. 1:A threat to enforce one's claim through competentauthority, if the claim is just or legal, does not vitiate consent.Statement No. 2:Contracts entered into during a lucid interval arevalid. Contracts agree to in a state of drunkenness or during a hypnotic spellare binding.
77. An incidental element of a contract
78. Statute of Frauds is applicable to:
a. Partially executed contractsb. Oral contract of loan when the amount involved is less than P500c. Contracts not to be performed within a year from the making thereofd. All of the above
79. Contract which has no effect at all and cannot be ratified is a/an:
80. An obligation which cannot be enforced by court action, but which isbinding on the party who makes it in conscience and according to naturaljustice is called:
81. B called C by telephone to guaranty the debt of D to C. The contractbetween B and C is:

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Term
Fall
Professor
NONE
Tags
Contract Law, The Grave, Statement No, validity of a contract

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