CHAPTER 1 - GENERAL PROVISION Flashcards
A juridical necessity to give, to do, or not to do
OBLIGATION (ARTICLE 1156)
the possessor of a right; he in whose favor the obligation is constituted.
ACTIVE SUBJECT
ACTIVE SUBJECT
OBLIGEE or CREDITOR
He who has the duty of giving, doing, or not doing;
PASSIIVE SUBJECT
PASSIVE SUBJECT
OBLIGOR or DEBTOR
the subject matter of the obligation.
OBJECT or PRESTATION
the reason why the obligation exists.
EFFICIENT CAUSE
EFFICIENT CAUSE
VINCULUM or JURIDICAL TIE
like the duty to pay taxes or to support one’s family.
LAW
like the duty to repay the loan by virtue of an agreement.
CONTRACTS
ike the duty to refund an over-change of money because of the quasi-contract of solution indebiti or “undue payment.”
QUASI-CONTRACTS
like the duty to return a stolen carabao.
CRIMES OR ACTS OR OMMISSIONS PUNSIHED BY LAW
like the duty to indemnify a person who suffered damages because your acts or negligence, without criminal intent or pre-existing obligation.
QUASI DELICTS OR TORTS
Only those expressly determined in this code or by special laws are demandable, and shall be regulated by precepts of law which established them; and as to what has not been foreseen, by the provisions of this book.
OBLIGATION DERIVED FROM LAW ARE NOT PRESUMED (LAW)
Obligations arising from contracts have the full force of law between the contracting parties and should be complied with in [..]
GOOD FAITH (CONTRACT)