The Law of Obligation and Contracts by Hector De Leon PDF Form
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People also ask the law on obligation and contracts by hector de leon pdf
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What are the principles of obligation?
Obligation is build on the principle of equality of contracting parties, which means that creditor has no power over debtor. Obligation was not only a legal relationship, but was also treated as property (part of res incorporales – immaterial property) which can be subject of businnes transactions.
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What are the elements of obligation?
ELEMENTS OF OBLIGATION a) ACTIVE SUBJECT – (Creditor / Obligee) the person who is demanding the performance of the obligation; b) PASSIVE SUBJECT – (Debtor / Obligor) the one bound to perform the prestation or to fulfill the obligation or duty; c) PRESTATION – (to give, to do, or not to do) object; subject matter of ...
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What are the types of obligations?
The main forms of Obligation include; contractual, absolute, penal, moral, and express.
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What are the four elements of obligation?
Every obligation has four essential elements: an active subject; a passive subject; the prestation; and the legal tie. The ACTIVE SUBJECT is the person who has the right or power to demand the performance or payment of the obligation.
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What are the 4 elements of obligation?
ELEMENTS OF OBLIGATION a) ACTIVE SUBJECT – (Creditor / Obligee) the person who is demanding the performance of the obligation; b) PASSIVE SUBJECT – (Debtor / Obligor) the one bound to perform the prestation or to fulfill the obligation or duty; c) PRESTATION – (to give, to do, or not to do) object; subject matter of ...
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What is Article 1165 of the Law of Obligations and Contracts?
Article 1165. When what is to be delivered is a determinate thing, the creditor, in addition to the right granted him by article 1170, may compel the debtor to make the delivery. If the thing is indeterminate or generic, he may ask that the obligation be complied with at the expense of the debtor.
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What is the law of obligation and contracts Article 1156?
An obligation is a judicial necessity to give, to do, or not to do.
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What is the law of obligation and contracts?
The law of obligation refers to a person's legal duty to do something. This legal duty arises in situations where a person, or a group of people, is required to take a particular course of action under the law. These kinds of obligations are binding ties that are covered by legal terms and can be enforced by a court.
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