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
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|: |LAW 1 | |II. |Course Title |: |OBLIGATION AND CONTRACTS | |III. |Course Credit |: |3 units
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SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
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Ethic Obligations Most workers understand that they must balance their home life and their career. But how they go about doing this is what most struggle with even today. A manager needs to think about their most resourceful asset‚ their employees. When you are a manager‚ you have the tough decisions to make in keeping with the company’s goals‚ but striving to make money for your stockholders as well. This paper will discuss the following two questions. What are the ethical implications of requiring
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MULTINATIONAL MANAGEMENT: MGMT 625 West Chester Off Site MBA SUMMER 2010 Instructor: Paul Bergé Office Hours: by appointment. E-mail address: bergep@xavier.edu; or pberge@gmail.com Phone: 871 6657‚ Fax: 672 9679 Required Text: Fred Luthans‚ Jonathan P. Doh. 2009. International Management: Culture‚ Strategy‚ and Behavior. Seventh Edition. Irwin McGraw-Hill Publishers. Cases and articles from the popular business press
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Professor Norford ENC 1101 3 March 2014 Word Count: 828 The Obligation to Endure Carson writes this essay informing us about pesticides and chemicals farmers use on their crops that can danger our echo system. The pollution man is creating “is for the most part irrecoverable; the chain of evil it initiates not only in the world that must support life but in living tissues is for the most part irreversible.” (Carson 2) There are many different ways that pollution can harm the environment‚ from
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Chapter 4 EXTINGUISHMENT OF OBLIGATIONS Section 1 – PAYMENT OR PERFORMANCE Payment It is the fulfillment of a promise; the performance of an agreement. This consists of: a. the delivery of money or its equivalent in specific property or services‚ or b. doing a certain act or not doing a certain act. How payment is made a. The thing or service contemplated must be delivered or rendered. 1. The debtor of the thing cannot compel the creditor to accept a different one although the latter
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CHAPTER 1 General Provisions “An obligation is a juridical necessity to give‚ to do or not to do.” (Art. 1156) * OBLIGATION * obligatio‚ Latin‚ means tying or binding * tie or bond recognized by law by virtue of which one is bound in favor of another to render something * duty under the law of the debtor or obligor - Civil Code * Juridical Necessity * the rights and duties arising from obligation are legally demandable and the courts of justice may be called
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Nawawi‚ my Islamic Obligation Lecturer (MCL Program) for his guidance and help throughout the making of this task. Your ideas and brilliant thoughts are very useful to me. Your recommendation of the book by Ibnu Taymiya has gained me valuable knowledge. To my parents and family‚ thanks for the endless support and never ending love. I can never make it without all of you…..thank you very much. CHAPTER 1 INTRODUCTION 1.1 Preliminary The rights and obligations of people have been
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New chemicals are being produced and tested every day. Are these chemicals being tested for the effects they could have on our environment though? In‚ “Silent Spring” an excerpt from Rachel Carson’s‚ “The Obligation to Endure‚” Carson suggests that the pesticides and insecticides we have are harmful to more than just the environment. Rachel Carson is an author who is passionate about the environment and concerned about the well being of its inhabitants. This is apparent because of the way in which
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