Professional Documents
Culture Documents
Business Law
Business Law
Business Law
ARTICLES: 1156-1178
OBLIGATION “Obligatio” meaning tying or binding. Juridical necessity connote that in case of non
compliance, there will be legal sanction.
ELEMENTS:
Obligation is composed of 4 elements,that elements is define as the part of an obligation, in which
each party has a duty to perform according to the law.
1. Obligor (debtor) – passive subject, against whom the obligation is juridically demandable
to fulfillment the obligation.
2. Obligee (creditor) – active subject, the person who demands the fulfillment of the
obligation.
3. Prestation – or object, the subjects matter of obligation which has an economic value or
susceptible of pecuniary substitution in case of noncompliance.
4. Juridical tie (efficient cause) - the cause that binds or connects both parties to the subject
matter.
Source:
Obligation arise from Law: Contracts, Quasi-contrats, Acts of missions punished by law
and Quasi-delicts.
Negotiorum Gestio- is an act of generosity in which someone acts on behalf and for
the benefit of the owner but without the latter’s prior consent.
Solutio indebiti- or payment by mistake is a case where one had paid a debt, or done
an act or remitted a claim because he thought that he was bound to do so, when he
was not. In such cases of mistake there is an implied obligation to pay back the money
which he paid by mistake.
KINDS OF FRUITS:
- Its refers to the income or goods derived or produced from property without a
diminution of the property’s inherent value.
- Good Father of the Family define as a constant and earnest effort to accomplish,
which exercise by an average person over his own property that undertaken.