Louisiana Civil Code 1950 – Error that concerns cause
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Terms Used In Louisiana Civil Code 1950
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Error may concern a cause when it bears on the nature of the contract, or the thing that is the contractual object or a substantial quality of that thing, or the person or the qualities of the other party, or the law, or any other circumstance that the parties regarded, or should in good faith have regarded, as a cause of the obligation.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.