Professional Documents
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Prelims Reviewer Oblicon
Prelims Reviewer Oblicon
Prelims Reviewer Oblicon
DELAY (delay or mora) – delay incurred Article 1171 – you are not liable for a future
by debtor when the creditor demands. If fraud.
Article 1172 - the payment for damages may - Usury is now suspended or legally non-
be reduced if there is negligence because it existent. Parties are now free to stipulate any
was unintentional- the payment for damages amount of interest.
may not be reduced if there is fraud because
it was intentional and it involved malice. ARTICLE 1176
A. If there are back-rentals of arrearages,
Article 1173 when issuing receipts, indicate where the
Exerting proper diligence of a good father of received payment is applied. Otherwise, the
the family depends on the: presumption is all debt is paid.
1. Nature of object of the obligation (if the ARTICLE 1177
nature of object does not require the proper The creditor can go after the debtor of his
diligence of a good father of the family you debtor after exhausting every other means of
are not liable for damages) collecting the amount.
Ex. Sand – does not need the proper
diligence of a good father of the family Example: A owns the apartment in which B is
Fluorescent light – requires the proper renting. B decides to lease it to bed spacers. If
diligence of a good father of the family B can’t pay rent, A can collect the amount
2. Circumstances of persons from B’s bed spacers.
Ex. Security guard sleeping on a night
duty – liable of damages ARTICLE 1178
3. Circumstances of place All rights acquired in virtue of an obligation
Ex. CM recto before vs. CM Recto now are generally transmissible.
4. Circumstances of time
Ex. Car without headlights at night – 10 Special Kinds of Obligation (POCAF JS
liable for damages. DIO)