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CHAPTER 1 GENERAL PROVISIONS p2

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19 views1 page

CHAPTER 1 GENERAL PROVISIONS p2

Uploaded by

Ashryle Salazar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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but not all contracts are obligation

as to number of party

obligation - can be on only one party

contract - must be atleast two party

ARTICLE 1156: an obligation is a juridical necessity to give, to do, or not to


do.

debtor or obligor - he who has the duty of giving, doing, or not doing

creditor or obligee - he who has the right to the performance of the obligation

if obligations were not made enforceable, then people can disregard them with impunity

MORAL OBLIGATION - expectation of others of you


NATURAL OBLIGATION - brought upon yourself

CIVIL OBLIGATIONS - obligations which give to the creditor or obligee a right of action in courts
of justice to enforce their performance.

CIVIL OBLIGATION TO NATURAL OBLIGATION

exists if, for example, a written contracts have been long overdue (i.e., 10 yrs due)

oral contracts are only enforceable to the courts of justice for 6 yrs upon the construction
of the contract

repercussions voluntarily paid by the obligor cannot be taken back

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