1) The creditor/obligee has three remedies against the debtor: specific performance to compel delivery of a generic or specific thing; rescission of the contract to end reciprocal obligations; and damages for failure to perform the obligation.
2) If the obligation is to deliver a generic thing, it must be of comparable quality and class to what was agreed upon, such as a red sports car of a certain price point.
3) The obligor remains liable for fortuitous events until performance is completed, to prevent bad faith promises to multiple people regarding a single, specific thing.
Law School Survival Guide (Volume I of II) - Outlines and Case Summaries for Torts, Civil Procedure, Property, Contracts & Sales: Law School Survival Guides
1) The creditor/obligee has three remedies against the debtor: specific performance to compel delivery of a generic or specific thing; rescission of the contract to end reciprocal obligations; and damages for failure to perform the obligation.
2) If the obligation is to deliver a generic thing, it must be of comparable quality and class to what was agreed upon, such as a red sports car of a certain price point.
3) The obligor remains liable for fortuitous events until performance is completed, to prevent bad faith promises to multiple people regarding a single, specific thing.
1) The creditor/obligee has three remedies against the debtor: specific performance to compel delivery of a generic or specific thing; rescission of the contract to end reciprocal obligations; and damages for failure to perform the obligation.
2) If the obligation is to deliver a generic thing, it must be of comparable quality and class to what was agreed upon, such as a red sports car of a certain price point.
3) The obligor remains liable for fortuitous events until performance is completed, to prevent bad faith promises to multiple people regarding a single, specific thing.
1) The creditor/obligee has three remedies against the debtor: specific performance to compel delivery of a generic or specific thing; rescission of the contract to end reciprocal obligations; and damages for failure to perform the obligation.
2) If the obligation is to deliver a generic thing, it must be of comparable quality and class to what was agreed upon, such as a red sports car of a certain price point.
3) The obligor remains liable for fortuitous events until performance is completed, to prevent bad faith promises to multiple people regarding a single, specific thing.
1) Specific Performance action filed in court to compel the debtor to perform his obligation to give the thing, whether generic or specific. (does not include the prestation to do or not do) If the object to give is for a specific thing the courts order will be specific. If the object to give is for a generic thing the courts order will be generic. 2) Rescission or cancellation the type of rescission being contemplated in this is the one stated in Article 1191. (Article 1380 and 1381 is not the basis as it talks about rescissible contracts) - there is an option for the rescission of the contract so as to abrogate the previous contract. (for reciprocal obligations, to end the obligation to perform.) 3) Demand payment for damages claim for damages arise from the failure to do the obligation. Delivery of the generic thing determined according to the stipulation of the parties and within the same class; the thing to be delivered should not be inferior to what had been agreed upon. This can be based by the qualities agreed upon (contemplated by the parties upon the establishment of the contract) eg. a red sports car worth this amount. (there is no specification to the brand of the car, yet the thing can be classified to its color, the type (a sports car, not a sedan or a van) and the price.) Third paragraph of 1165: If the Obligor delays- at the time a fortuitous event happen, the obligor is still liable if he delays the performance of the obligation because if he already delivered the thing, the thing will be at the possession of the obligee when the fortuitous event happen. If the Obligor promises to deliver the same to two or more persons of different interest obligor is still liable for the fortuitous event till he completes the performance. The obligor is liable for such since his promise is a sign of bad faith as the thing is only one or specific. However, if the performance or delivery is of the same interest, there will be no problem.
Law School Survival Guide (Volume I of II) - Outlines and Case Summaries for Torts, Civil Procedure, Property, Contracts & Sales: Law School Survival Guides