OBLIGATIONS AND CONTRACTS REVIEWER TITLE I – OBLIGATIONS CHAPTER 1 GENERAL PROVISIONS 1156. An obligation is a juridical necessity to give‚ to do‚ or not to do. JURIDICAL NECESSITY – juridical tie; connotes that in case of noncompliance‚ there will be legal sanctions. - An obligation is nothing more than the duty of a person (obligor) to satisfy a specific demandable claim of another person (obligee) which‚ if breached‚ is enforceable in court. - A contract necessarily gives rise to an obligation
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foundation of what duties we owe to those who are in great need. I will demonstrate his implications of his assumptions through his obligations and explain his argument for international aid. First‚ I will set out his first obligation that it is in our power to prevent something bad from happening and draw out on this general principle to show his argument on the unimportance of whether suffering is nearby or far which is his second obligation. Afterwards‚ I will lay out his third obligation that one must
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the Prince of Denmark is known well for his complex outlook and his perplexing relationship with those who surround him‚ specifically Ophelia and Gertrude. In this story‚ the themes duty and obligation provided the driving force behind the actions of several characters‚ such as Hamlet. Hamlet’s overwhelming public duty makes it unclear as to what he personally wants. As seen within the play‚ Hamlet also experiences a psychological change which led to a change in how he views others. Towards the
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showing mercy is a sign of weakness and costly method of leading whereas using fear and force with an appearance overcomes any obstacles that may stand in its way for leaders to guide their people. According to Cicero’s On Obligations‚ every aspect of life requires obligation. Obligation is aimed towards goodness and a moral guidance that shapes our lives. Furthermore‚ to do so we are guided by four cardinal virtues: wisdom and prudence‚ justice‚ beneficence‚ and temperance. Wisdom is the search for truth
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Employees Duty to the Firm Harmony between employees and employers is only possible only when there is no selfishness in the relationship. There are a lot of employers or firms obligation to an employee. But for every employer’s obligation there is also a corresponding obligation or responsibility of employee to the employer. While employers give what is just and right‚ employees should also be obedient‚ because obedience counts a lot. An employee should be respectful while an employer should not
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American Heritage Dictionary as‚ “conforming to the rules of right conduct; moral or virtuous conduct.” This is the proper value for the round because of the word ‘ought’ in the resolution which the same sourced defines as‚ ‘Used to express duty or moral obligation’ meaning the resolution is asking us to determine the more moral means of providing drinking water to people. Morality is also the proper value because
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Chapter 4: MODES OF EXTINGUISHING OBLIGATIONS a) By payment or performance b) Loss of the thing due c) Condonation or remission of the debt d) Confusion or merger e) Compensation f) Novation In addition: g) Annulment h) Rescission i) Fulfillment of a resolutory condition j) Prescription k) Death of a party in case the obligation is personal l) Mutual desistance m) Compromise n) Impossibility of fulfillment o) Happening of fortuitous events PAYMENT or PERFORMANCE
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What is moral obligation? What is the extent of our moral obligation to other people and other living things? By definition moral obligation is the belief that an act is one prescribed by a persons set of values (Wikipedia‚ 2005). It is also a duty‚ which one owes‚ and which one ought to perform‚ but is not legally bound to fulfill. David Hume ’s moral theory hinges on a distinction between psychologically distinct players: the moral agent‚ the receiver‚ and the moral spectator. All actions
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Duty of Care Duty of care refers to the obligations and responsibilities that people in authority have for those in their charge. Whether a duty of care is owed depends in part on the position of the person in authority‚ particularly his or her status as an expert with superior knowledge. Proof that a duty of care has been breached generally leads to a court awarding damages to the injured party to compensate for financial loss. Duty of care in child care Obviously people who work in child
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5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
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