Article 1181 Flashcards
1
Q
Article 1181 states that
A
In conditional obligations, the acquisition of rights, as well as the extinguishment or loss of those already acquired, shall depend upon the happening of the event which constitutes the condition
2
Q
1181 reiterates
A
The distinction between a suspensive condition and a resolutory condition.
3
Q
Effects of happening of a condition
Acquisition of rights
A
follows that if the suspensive condition does not take place and it is certain that it will not be fulfilled, the parties would stand as if the conditional obligation had never existed.
4
Q
Effects of happening of a condition
Loss of rights already acquired
A
consitutes the condition wherein it it produces the extinguishment or loss of rights already acquired
