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Genaro Cordial vs David Miranda

GENARO CORDIAL, petitioner, vs. DAVID MIRANDA, respondent.

G.R. No. 135495 | 2000-12-14

D E C I S I O N

PANGANIBAN, J.:

Unless otherwise provided by law, a contract is obligatory in whatever form it is entered into, provided all the essential requisites are present. When a verbal contract has already been completed, executed or partially consummated, its enforceability will not be barred by the Statute of Frauds, which applies only to an executory agreement.

The Case

Before us is a Petition for Review on Certiorari under Rule 45 of the Rules of Court, seeking to nullify the August 31, 1998 Decision1 Rollo, pp. 49-56.1 of the Court of Appeals (CA)2 Eighth Division composed of Justices Salome A. Montoya, chairman; Conchita...