CHAPTER 1 - GENERAL PROVISIONS - ART 1156-1162 Flashcards
Is the body of rules which deals with the nature and sources of obligations and the right and duties arising from agreements and the particular contracts
LAW ON OBLIGATIONS AND CONTRACTS
Where can we find the Law on Obligations and contracts?
Found in the civil code of the Philippines
What R.A and when does it became approved?
Approved as Republic Act NO. 386 on June 18, 1949
It is divided as how many books?
It is divided into (4) books
What is the conclusive presumption of knowledge of law?
Ignorance of law excuses no one from compliance therewith (Art.3)
What Doctrine of Principle pertains to law as harsh?
Dura Lex Sed Lex
Is a juridical necessity to give, to do, or not to do.
Obligation
In case of noncompliance, courts of justice may be called upon for its fulfillment
Juridical Necessity
Gives the creditor or obligee the right to enforce performance (demandable)
Civil Obligations
Based on equity or natural law and not base on positive law (Art. 1423
Natural Obligations
Also called debtor or obligor. It is the person bound to the fulfillment of the obligation and the person who has the duty to give, to do, or not to do
Passive Subject
Also called creditor or obligee, the person entitled to demand fulfillment
Active Subject
The giving, doing, or not doing
Object or Prestation
Also called efficient cause, it bind or concerns the parties to the obligation
Juridical or Legal Tie
Give the two forms of Obligations
Oral or Writing/ Partly oral and partly writing