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Post by account_disabled on Nov 6, 2023 6:32:46 GMT
A reservation that its effect depends on the exercise of the power or will of the party performing the obligation, and the event dependent on the behavior of the party may consist in the fulfillment or non-performance of the obligation cf. Decision of the Supreme Court of judges of March , , ref. no. act III CZP / . IMPORTANT - in the light of the provisions of Art. of the Civil Code, the condition is a future and uncertain event. A future event is an event that has not yet occurred at the time of the legal transaction. A contrario, a future event philippines photo editor cannot be an event that occurred in the past or at the time of performing a legal act. In turn, an uncertain event must be a future event in order to be considered a condition and this means that it is unknown as to the legal act and whether it will occur. Therefore, a future and uncertain event is an event for which, at the time of performing a conditional legal act, it is not known whether it will definitely occur in the future. IMPORTANT. It is possible to stipulate more conditions in the content of the legal act contract . The literature on the subject indicates that a solution often used in practice is to make the effects of a contract dependent on the performance of an obligation or, more precisely, on the performance of a benefit. It may be a performance both in an obligation arising from the contract in which the condition is included, as well as in another obligation, including one to which the parties to the conditional contract are not parties.
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