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
Premium Debt Debtor
|: |LAW 1 | |II. |Course Title |: |OBLIGATION AND CONTRACTS | |III. |Course Credit |: |3 units
Premium Contract Law Breach of contract
LAW ON OBLIGATIONS AND CONTRACTS* I. Introduction A. Law - from the Latin word “lex” which is derived from the verb “Ligare” meaning “to bind” - a rule of conduct‚ just and obligatory promulgated by legitimate authority for the common observance and benefit (as defined by Sanchez Roman‚ a Spanish Civilist) B. Sources of Law 1. Legislative- Congress 2. Constitution- supreme law of the land 3. Administrative or Executive Orders‚ Regulations and Rulings-
Premium Law
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
Premium Philosophy of life Substitute good Law
Throughout the chapter‚ Genetic Choices‚ the issue of moral obligations in regards to genetic information about potential disease and illness. Upon review‚ I find individuals to have a moral obligation to warn others if they have knowledge about their genetic predisposition in regards to disease and/ or illness. The first case I will discuss is when an individual knows their family members are either at great risk or are certain to have a specific disease and/ or illness due to their diagnosis or
Premium Medicine Patient Health care
Ethical and Professional Conflicts in Correctional Psychology “The individual may receive treatment under one of the following: (a) in a correctional setting where both the mental health services and security needs are provided by the department of corrections; (b) in a correctional setting where the mental health services are provided by a separately administered mental health agency and security needs are administered by corrections; (c) in a mental health services and security needs are
Premium Psychology Psychiatry Mental health professional
11 ENGLISH: 1.5 FORMAL WRITING Name: Ryan Duff Topic: Is our country too small to sustain so many professional sports teams? Is our country too small to sustain so many professional sports teams? This question is being asked and written about a lot lately. New Zealand sport is fairly strong in places but there are a lot of negatives. But many great sporting triumphs have come out our tiny sports crazy country. But it is debatable wether or not provincial sport is going well at the moment
Premium New Zealand Football Professional sports
Master of Science in Professional Counseling The Masters of Science in Professional Counseling Degree requires 60 credit hours. The program’s courses were chosen to meet the academic requirements established by the National Board for Certified Counselors for the National Certified Counselor credential (NCC) and by Arizona Board of Behavioral Health Examiners. A Masters Degree in Counseling is a required step in 48 states including Arizona for individuals seeking to become licensed as counselors
Premium Licensed Professional Counselor Psychology Group dynamics
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
Premium FACT Scientific method Natural environment
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
Premium Debt Money Debtor