1919th Book1 Division07 Title16: Difference between revisions

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== BOOK ON OBLIGATIONS. ==
== BOOK ON OBLIGATIONS. ==
'''[[1919th_Book1_Division07_Title15|← Previous Page]]''' | '''[[1919th_Book1_Division07_Title17|Next Page →]]'''


=== '''DIVISION VII. SPECIFIC CONTRACTS.''' ===
=== '''DIVISION VII. SPECIFIC CONTRACTS.''' ===

Latest revision as of 14:08, 22 September 2025

BOOK ON OBLIGATIONS.

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DIVISION VII. SPECIFIC CONTRACTS.

TITLE XVI. Compromise.

Section 907.
  • A contract of compromise is a contract whereby the parties agree to settle a dispute between them by mutual concessions.

《Genealogies》

  1. Draft of April 1924: 966
  2. Code of January 1925: 850
Section 908.
  • A compromise referring to property the sale of which is subject to the execution of an official document is void unless made in writing before the proper official.

《Genealogies》

  1. Draft of April 1924: 967
  2. Code of January 1925: 851
Section 909.
  • The effect of the compromise is to extinguish the claims abandoned by each party and to secure to each party the rights which are declared to belong to him.

《Genealogies》

  1. Draft of April 1924: 968
  2. Code of January 1925: 852
Section 910.
  • The parties to a compromise are liable for defects or for eviction as provided in the Title concerning sale.

《Genealogies》

  1. Draft of April 1924: 969
  2. Code of January 1925: -
Section 911.
  • Cancellation of a compromise on the ground of mistake is limited to the following cases :
    • (1) Mistake as to the identity of one of the parties to the compromise.
    • (2) Compromise based on forged or invalid documents.

《Genealogies》

  1. Draft of April 1924: 970
  2. Code of January 1925: -
Section 912.
  • A compromise based on forged or invalid documents cannot be cancelled by the Court if, at the time of the compromise, all the parties knew that such documents were forged or invalid.

《Genealogies》

  1. Draft of April 1924: 971
  2. Code of January 1925: -