Practice question
Does a lawful contract necessarily fail merely because it has no specific nominate label in the Code?
- No, Article 1307 recognizes innominate contracts
- Yes, every contract must have a statutory title
- Yes, unless the parties call it a sale regardless of substance
- Yes, because only loans are enforceable
- No, because an unnamed contract is free from all law
Legal references
- Civil Code Articles 1306–1307, 1315, 1409 and 1420: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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