Page 334 - Important Provisions of The New Civil Code

Article 1339. Failure to disclose facts, when

there is a duty to reveal them, as when the

parties are bound by confidential relations,

constitutes fraud. (n)

Article 1479. A promise to buy and sell a

determinate thing for a price certain is

reciprocally demandable.

An accepted unilateral promise to buy or to sell

a determinate thing for a price certain is binding

upon the promissor if the promise is supported

by a consideration distinct from the price.