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hello everyone welcome back to law and obligations and contracts this video we will discuss the essential requisites of contracts the essential requisites of contracts are the following number one consent of the contracting parties second object certain which is the subject matter of the contract third cause of the obligation which is established there are also other classes of elements of contract number one is natural elements and accidental elements so when we say natural elements uh those elements are presumed to exist in certain contrasts unless there is stipulation to the contrary ex examples warranty against eviction so when you see natural elements uh they are necessarily included in the contracts even if they are not uh stipulated or even if they are not agreed upon by the parties but when you say accidental elements these elements refer to particular stipulations clauses terms or conditions established by the parties in their contract like conditions period interest penalty
