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Nullity sanctioning the violation of a rule intended to protect one of the parties to the act. This is so where the consent of the parties or of one of them is vitiated. Relative nullity can only be invoked by the person in favor of whom it is established or by the other party to the contract, if one is acting in good faith and suffers serious prejudice therefrom. The contract sanctioned by relative nullity is susceptible of confirmation.