00:00According to Article 1101 of the Civil Code, a contract is an agreement of wills between two or more persons intended
00:05to create, modify, transfer or extinguish obligations.
00:08A contract is therefore a conventional legal act. It is based on the meeting of minds and produces effects of
00:14right.
00:15It can be concluded in writing, orally or, when the conditions are met, electronically.
00:20For example, when a person buys a computer from a website, they enter into a contract even if they do not
00:26never meet the seller in person.
