Contracts shall be obligatory, in whatever form they may have been entered into, provided all the essential requisites for their validity are present. However, when the law requires that a contract be in some form in order that it may be valid or enforceable, or that a contract be proved in a certain way, that requirement is absolute and indispensable. In such cases, the right of the parties stated in the following article cannot be exercised. (1278a)
Ang mga kontrata ay dapat na magpapasunod, sa kung anumang porma na maaring maipasok nila dito, maliban na lahat ng pangunahing kailangan para sa bisa nito ay makikita. Gayunman, kapag hinihingi ng batas na ang kotrata ay sa ibang kaanyuan para ito ay maging maybisa o maipaguutos o ang kontrata ay mapapatunayan sa ibang paraan, na ang takdang kailangan ay makapangyarihan at lubhang mahalaga. Sa naturang kalagayan, ang karapatan ng mga partido na nakasaad sa mga sumusunod na artikulo ay hindi magagamit.
Discussion:
Contracts are binding upon the contracting parties in whatever form they may have been entered into as long as all the essential requisites for their validity are present. However, when can we consider form as essential requisite of a contract?
The form of a contract is essential:
- When the law requires that a contract be in certain form for its validity; (refers to solemn or formal contracts).
- When the law requires that a contract be in certain form for its enforceability. (refers to the agreements covered by the Statute of Frauds. (Art. 1403, par 2.)