B2 - Delay Flashcards
Feb 12
FEB 14 - LECTURE
FEB 14 - LECTURE
requisite of default
- Obligation is DUE, ENFORCEABLE, AND ALREADY DETERMINATE IN AMOUNT (LIQUIDATED)
- Non-performance
- Demand has been made (Gen.Rule) which refers to the same obligation that is already due and demandable.
liquidated - already determinate in the amount
(in liquidated) X obliges to deliver the proceeds in the first quarter harvest of 2024
- first quarter hasn’t finish (march 31)
- even if the first quarter is done, the proceeds is not automatically determined
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D was convicted of the crime of Theft after stealing C’s horse. The judgement ordered D to return (restitution) the horse to C and to pay P100,000.00 as damages. The judgement became final and executory.
Q1: While D was on his way to C’s house, lightning hit (force majeur/act of God) and killed the horse. Is D’s obligation to C (to deliver the horse) (specific thing) extinguished?
Answer: Obligation is not extinguished as Civil Liability Ex Delicto is not extinguished due to fortuitous event. Civil Liability Ex Delicto is not based on an agreement/promise/undertaking/commitment but it is based by law, fixed by the court, you cannot raise the defense of fortuitous event.
[lecture]
there is no fault here in the creditor
the debtor is extinguished IF the specific thing, without his fault (ost damage, or destroyed BY fortious event) [not foreseeeable, no contributory negligence
BUT IT DOES NOT APPLY TO CIVIL LIABILITY EX DELICTO.
principle of extinguish due to fortious event is only applicable to specific thing BUT it does not apply to CLED
however, there is an EXC to the EXC. CLED can use fortitoius event when?
when the judgment of the complainint is in mora accipiendi (default on the part of the creditor)
when will it be in default? - he refuses to accept the thing properly without justifiable reason
In the question, why would the debtor bear the risks of lose?
Q2: Suppose that when D reached C’s house to return the horse, C refused to accept the horse as C was already demanding for the amount of P200,000.00, claiming that his is the amount that the Court should have awarded to him. Leaving no choice, D left the horse in C’s gate and left. Just after D left C’s house, a lightning hit and killed the horse. Was D’s obligation to deliver the horse extinguished?
Yes. Mora Accipiendi – delay on the part of the creditor without justifiable reason to accept the performance of the obligation; D can avail of the defense of fortuitous event
General Rule: Fortuitous event extinguishes obligation
Exception: Civil Liability Ex Delicto
Exception to the Exception: Mora Accipiendi
two defaults:
debtor
creditor (mora accipiendi)
effects of default
- Interest and Damages (Compensatory)
- Fortuitous event is not anymore a defense (Note: but if obligation is ex delicto, even fortuitous event is not a defense in any case. It is the creditors default that may be considered a defense)
- He bears the risk of loss. (Aerospace Chemical Industries, Inc. v. CA)
types of interest
- monatory
- ex. pay for a loan for a certain period of time and you have to pay the interest or the loss of money (which is the consideration of the laoan) - compensatory interest
- by penalty and accrues upon demand whether judicial (filing in court) or extrajudicial (demand letter)
what is a reciprocal obligation?
both parties are the creditor and debtor at the same time
reciprocal obligation v. bilateral obligation
BO
- at least 2 obligations involved in a contract
- one party has obligation to the party and the other party to the other. but can be reciprocal and non reciprocal
Reciprocal Obligation
- performance of the obligation of one party is dependent on the performance on the other
ex of RECiprocal obligation
buyer gives money and then gives the item
OR
the seller gives the item and the payment can be given later.
when will the other party of a reciprocal obligation become in default? how to put the other party in the default?
- perform the obligation, as per the contract, the moment you do that, you already put the party in default
you purchased a house and lot from a developer, the agreement was on february 10, 2024, the house and lot should already be finished and ready to be turned over to you. On the same date, you are obliged to pay the developer 20 million pesos.
you are to write to the developer a demand. how do you word it so you can compel the dev’l to
Dear Developer.
This is to inform you that on february 10, 2024, as stipulated in the agreement, the house must be ready for occupancy. Consequently, we will pay 20 million on hand.
If you are unable to do so,
w