Practice question
A contract provides that the obligor may commit future fraud without any action being brought against it. Both signatures are genuine. What follows1171?
- The future-fraud waiver is void despite the signatures
- Signatures override the statutory prohibition
- The clause makes fraud lawful
- The obligee must prove a forgery to object
- Only the price determines validity
Legal references
- Civil Code RA386: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html Articles6,905,1112–1114,1171 and2035–2036.
Answer this question in flashcards to review your response and continue practicing.