Professional Documents
Culture Documents
Review Format
Review Format
PRIMARY
PURE
demandable at once
ALTERNATIVE
multiple prestation but only one to perform
FACULTATIVE
principal and substitute prestation
JOINT
SECONDARY
LEGAL arises from law
CONVENTIONAL arises from contracts
PENAL commission of crime
REAL to give
PERSONAL to do or not to do
DETERMINATE specific obligation, distinguished
POSITIVE to give or to do, there is an act of performance
NEGATIVE not to do
UNILATERAL only one party performs the obligation(donation)
BILATERAL both parties are reciprocally bound to perform(contract
of sale)
CIVIL if not fulfilled, and becomes due, there is a right of
action to compel
NATURAL based and equity and natural law
ACCESSORY existence depends upon a principal obligation(ex. Real
estate mortgage)
PRINCIPAL exists without depending upon another obligation
INDIVIDUAL involves oly one subject
COLLECTIVE involves several
SECTION I. PURE AND CONDITIONAL OBLIGATION
CONDITION every future and uncertain event
CLASSIFICATION OF CONDITION
AS TO EFFECT
SUSPENSIVE fulfillment of condition=acquisition of rights
condition is not fulfilled=no judirical relation
rights=not yet acquiredbut there is expectancy
conditions precedent
AS TO ORIGIN
POTESTATIVE depends upon the will of the parties
CASUAL depends upon chance
MIXED partly upon will and partly upon chance
AS TO POSSIBILITY
POSSIBLE
possible accdng to nature, law, policy, good customs
AS TO DEFINITENESS
DEFINITE fixed date
INDEFINITE no fixed date
AS TO SOURCE
CONVENTIONAL agreed by parties
LEGAL fixed by law
JUDICIAL fixed by courts
PERIOD HAS BEEN ESTABLISHED IN FAVOR OF
DEBTOR debtor can perform the obligation prematurely
CREDITOR
dcreditor may demand any time\
COMPOUND OBLIGATION
CONJUNCTIVE two or more objects and all of them are due ALL must
OBLIGATION be performed
DISTRIBUTIVE
OBLIGATION One of the objects must be performed
if one party fails to comply with what is incumbent upon him, the other
party has the right to rescind the obligation
The period presumed to have been established for the benefit of the
creditor and debtor(1196)
If obligation is pre-existing and not depending on the impossible condition, ONLY the condition is void.
obligation=extinguished
must deliver remaining
object to the creditor