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Mobil Oil Phil., Inc. vs. Ruth R. Diocares, Et Al.

MOBIL OIL PHILIPPINES, INC., plaintiff-appellant, vs. RUTH R. DIOCARES, ET AL., defendants-appellees.

G.R. No. L-26371 | 1969-09-30

D E C I S I O N 


FERNANDO, J.: 

It may very well be, as noted by jurists of repute, that to stress the element of a promise as the basis of contracts is to acknowledge the influence of natural law. 1 Nonetheless, it does not admit of doubt that whether under the civil law or the common law, the existence of a contract is unthinkable without one's word being plighted. So the New Civil Code provides: "A contract is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service." 2 So it is likewise under American law. Thus: "A contract is a promise or a set of...