CLASSIFICATION OF OBLIGATIONS
CLASSIFICATION OF OBLIGATIONS
1. PURE OBLIGATION – one without a term or is it a subject to a condition and is immediately demandable.
2. CONDITIONAL OBLIGATION – one which is subject to a condition.
(a). SUSPENSIVE CONDITION - one which suspends the effectivity of the obligation until the condition is fulfilled. The fulfillment of the condition produces the efficacy of the obligation.
(b). RESOLUTORY – one which extinguishes the obligation upon the happening of the condition. The obligation is immediately demandable.
3. WITH A PERIOD
4. ALTERNATIVE – obligation wherein various things are due, but the payment of one of them is sufficient, determined by the choice which as a general rule belong to the debtor.
5. JOINT – each of the debtor is liable only for a proportionate part of the debt and each creditor is entitled only to a proportionate part of the credit
6. SOLIDARY – each debtor is liable for the entire obligation, and each creditor is entitled to demand the whole obligation. Solidarity is classifies as: (a) ACTIVE – solidarity among creditors, (b) PASSIVE – solidarity among debtors, (c) MIXED – solidarity on the part of creditors and debtors.
7. DIVISIBLE – obligation in which is susceptible of partial performance.
8. INDIVISIBLE – an obligation not susceptible of partial performance.
9. WITH A PENAL CAUSE – an obligation with an accessory undertaking to assume greater liability in case of breach and whose purpose is to insure the performance of the obligation.
10. UNILATERAL
11. BILATERAL
12. SIMPLE – only one prestation has been agreed upon.
13. COMPOUND / CONDUCTIVE – various things are due and is extinguished only by the performance of all of them.
14. POSITIVE
15. NEGATIVE
16. CIVIL
17. NATURAL
18. FACULTATIVE – when only one prestation has been agreed upon, but the obligor may render another in substitution.
19. RECIPROCAL
Art. 1180. When the debtor binds himself to pay when his means permit him to do so, the obligation shall be deemed to be one
1. PURE OBLIGATION – one without a term or is it a subject to a condition and is immediately demandable.
2. CONDITIONAL OBLIGATION – one which is subject to a condition.
(a). SUSPENSIVE CONDITION - one which suspends the effectivity of the obligation until the condition is fulfilled. The fulfillment of the condition produces the efficacy of the obligation.
(b). RESOLUTORY – one which extinguishes the obligation upon the happening of the condition. The obligation is immediately demandable.
3. WITH A PERIOD
4. ALTERNATIVE – obligation wherein various things are due, but the payment of one of them is sufficient, determined by the choice which as a general rule belong to the debtor.
5. JOINT – each of the debtor is liable only for a proportionate part of the debt and each creditor is entitled only to a proportionate part of the credit
6. SOLIDARY – each debtor is liable for the entire obligation, and each creditor is entitled to demand the whole obligation. Solidarity is classifies as: (a) ACTIVE – solidarity among creditors, (b) PASSIVE – solidarity among debtors, (c) MIXED – solidarity on the part of creditors and debtors.
7. DIVISIBLE – obligation in which is susceptible of partial performance.
8. INDIVISIBLE – an obligation not susceptible of partial performance.
9. WITH A PENAL CAUSE – an obligation with an accessory undertaking to assume greater liability in case of breach and whose purpose is to insure the performance of the obligation.
10. UNILATERAL
11. BILATERAL
12. SIMPLE – only one prestation has been agreed upon.
13. COMPOUND / CONDUCTIVE – various things are due and is extinguished only by the performance of all of them.
14. POSITIVE
15. NEGATIVE
16. CIVIL
17. NATURAL
18. FACULTATIVE – when only one prestation has been agreed upon, but the obligor may render another in substitution.
19. RECIPROCAL
Art. 1180. When the debtor binds himself to pay when his means permit him to do so, the obligation shall be deemed to be one