Buslaw Report
Buslaw Report
Buslaw Report
SOURCES OF
OBLIGATION"
PRESENTORS
Cea, Micaella Diongon, Larisa R.
Supe, Charles Harvey Miran, Aaliyah R.
OBLIGATION
Article 1156: An obligation is a juridical necessity to give, to do or not to do.
2 parties in an obligation
1. Debtor - the party who is obliged to perform the obligation
2. Creditor - the party who has the right to demand performance of the
obligation
Solutio indebitii
refers to payment by mistake. It is
receiving payment by mistake that is
not due or does not have such right to
demand such payment. It creates an
obligation to return such payment.
"Crimes Or Delict"
Article. 1161 NCC
QUASI
DELICT
LET'S
- In crime, there is criminal intent, or criminal negligence. In
quasi-delict, there is only negligence.
-In crime, the liability of the person responsible for the negligence is
subsidiary, while in quasi-delict, it is direct and primary.
Concept of Obligor and
Obligue
OBLIGOR:
An obligor is an individual, entity, or party that has a legal or contractual obligation to fulfill certain
duties, responsibilities, or payments to another party.
This term is commonly used in the context of financial transactions, such as loans or bonds, where one
party (the obligor) is obligated to make payments to another party (the obligee) according to the terms
of a contract.
OBLIGUE:
To "oblige" is a verb that means to bind morally or legally, to compel by contract or law, or to do a favor
for someone.
When someone is obliged to do something, it means they are under a moral or legal duty to perform that
action.
In a legal or contractual context, obligations or duties outlined in an agreement oblige the parties
involved to adhere to the specified terms.
In simple terms, a "obligor" is a party who has an obligation or duty to fulfill, usually under a legal or
contractual agreement. The4,061,299
idea of being a "oblige" refers to the act of imposing or being subjected to
Simple Text Here
such duties, whether through a legal agreement or moral duty. These principles are crucial for
understanding the relationships and duties outlined in various contracts and agreements.