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Alternative vs. Facultative: Joint Obligations Means All Obligations, Covenants, Agreements, Terms or Conditions
Alternative vs. Facultative: Joint Obligations Means All Obligations, Covenants, Agreements, Terms or Conditions
Facultative
Ans: Alternative Obligations are those in which several prestations are due but only one of them is
sufficiently determined by choice, which, in most cases, belongs to the debtor,
Meanwhile Facultative Obligations are those in which only one prestation has been approved upon
but the obligor may render another in its place.
Ans: An obligation with a period is that there is an expiration or arrival of the said period or term
which has an effect or consequences to one and is subjected or to comply one way or another,
Meanwhile A conditional obligation or Obligations with condition is one dependent on an uncertain
event. If the obligation may not be enforced until the uncertain event occurs, the condition is
suspensive. If the obligation may be immediately enforced but will come to an end when the
uncertain event occurs, the condition is resolutory.