Page 332 - Important Provisions of The New Civil Code

Consent

Article 1319. Consent is manifested by the

meeting of the offer and the acceptance upon

the thing and the cause which are to constitute

the contract. The offer must be certain and the

acceptance absolute. A qualified acceptance

constitutes a counter-offer.

Acceptance made by letter or telegram does

not bind the offerer except from the time it

came to his knowledge. The contract, in such a

case, is presumed to have been entered into in

the place where the offer was made. (1262a)

Article 1323. An offer becomes ineffective

upon the death, civil interdiction, insanity, or

insolvency of either party before acceptance is

conveyed. (n)