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IDENTIFICATION. Identify the concept or principle which the following statements define or expound. Be specific with your answers.
It is an act whereby a person is permitted with the formalities prescribed by law to control a certain degree the disposition of his estate, to take effect after his death.
An admission or representation is rendered conclusive upon the person making it, and cannot be denied or disproved as against the person relying thereon.
Contracts most of the terms of which do not result from mutual negotiations between the parties as they are usually prescribed in printed forms prepared by one party to which the other may adhere if he chooses but which he cannot change.
It is the determination of the meaning of the terms or words used by the parties in their written contract.
A person who disappears from his domicile, whose whereabouts are unknown, and without leaving an agent to administer his property.
TRUE OR FALSE
If Rowena becomes a creditor of Helga before Helga entered into a void contract of sale with Salazar, she can raise the defense of nullity of contract between Helga and Salazar.
Natural obligations also grant a right of action to enforce their performance.
A voidable contract can be enforced.
A void contract cannot be ratified.
A guardian may validly ratify a voidable contract entered into by his ward.
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