Contractual Consent: Validity and Requirements
Classified in Law & Jurisprudence
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Contractual Consent
- Consent: Consistency or agreement between declarations of intentions of the parties listed in the contract. At least two statements are required:
Essential Elements of Consent
- Statement of intent to offer: A person proposes an undertaking or a contract to another.
- Statement of willingness to accept: A reply to the statement of intent, accepting the contract offer.
Contractual knowledge must be produced regarding the object and the cause of the obligation.
Fundamental Principles
- Freedom of Content: Parties can set the terms they want, provided it is not against the law, morality, or public order. (Article 1255 of the Civil Code: The contracting parties may establish the covenants, terms, and conditions as they see fit, provided