Civil Code · Book IV: Obligations and Contracts · Title II: Contracts

Article 1340

Chapter 2: Essential Requisites of Contracts · Sec. 1: Consent

Unamended since 1950

Current text, as of October 24, 2026

The usual exaggerations in trade, when the other party had an opportunity to know the facts, are not in themselves fraudulent. (n)

Consolidated by Alleba from the text of Republic Act No. 386 (Lawphil and the Supreme Court E-Library). Book I provisions on marriage, family relations and parental authority were repealed by the Family Code (Executive Order No. 209, 1987) and are shown for reference only. For information and research only, and not legal advice. For certified copies, refer to the Official Gazette or the issuing agency.