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classifications of contract according to perfection or formation now there are three different kinds of contract as to perfection or formation first is we have a consensual contract second is a real contract and then third is a formal or solemn contract now consensual contra these are contracts which are perfected by mere consent of the parties what do you mean by mere consent of the parties in other words all you need is the agreement of both parties if both parties agreed then the contract has already docHubed the perfection stage that is a consensual contract now do you need a written agreement the law says no need for a written agreement because what is necessary here is the agreement of parties like for example in a contract of sale one says i am going to sell my bullpen for 10 pesos and then maria says i will buy your ball pen for 10 pesos now there is no written contract in that case but there is an agreement of the parties that maria is going to buy the pen for 10 pesos okay so
