Finals memorize Flashcards
5 Sources of Obligations
- Law
- Contracts
- Quasi-contracts
- Acts or omissions punishable by law
- Quasi-delicts
4 Sources of Liability
- Fraud
- Negligence
- Delay
- Contravention of the tenor of the agreement
2 kinds of Dolo (with English translations)
- Dolo Causante = causal fraud
2. Dolo Incidente = incidental fraud
3 kinds of Culpa (with English)
- Culpa Contractual = Contractual Negligence
- Culpa Criminal = Criminal Negligence
- Culpa Aquiliana = Quasi-Delict or Tort
3 kinds of Mora (with English)
- Mora Accipiendi = default on the part of the creditor
- Mora Solvendi = default on the part of the debtor
- Compensatio Morae = default on the part of both the creditor and the debtor
3 instances when demand is not necessary to place the obligor in delay
- When the obligation or the law expressly so declares; or
- When from the nature and the circumstances of the obligation it appears that the designation of the time when the thing is to be delivered or the service is to be rendered was a controlling motive for the establishment of the contract; or
- When the demand would be useless, as when the obligor has rendered it beyond his power to perform (Art 1169)
Others:
4. When the debtor expressly acknowledged that he is in default
4 requisites for a fortuitous event
- It is unforeseeable or if it is foreseeable, it is inevitable
- It is independent of the will of the debtor
- The debtor did not participate in, or aggravate the loss of the creditor
- The event renders the obligation impossible for the debtor to fulfill normally
5 exceptions to the general rule that a person may not be held liable for a fortuitous event
- When it is expressly provided in law
- When it is expressly declared in the contract
- When the nature of the obligation requires the assumption of risk
- When the object of the obligation is lost, and the loss is due partly to the fault of the debtor
- When the object of the obligation is lost, and the loss occurs after the debtor has incurred in delay
- When the debtor promised to deliver the same thing to two or more persons who do not have the same interest
- When the obligation to deliver arises from criminal offense
- When the obligation is generic
6 different kinds of obligations
- Pure or conditional obligations
- Obligations with a period or term
- Alternative obligations
- Divisible or indivisible obligations
- Joint or solidary obligations
- Obligations with a penal clause
3 instances when the court may fix a period
- If the obligation does not fix a period, but from its nature and circumstances it can be inferred that a period was intended by the parties
- If the duration of the period depends upon the will of the debtor
- If the debtor bids himself to pay when his means permit him to do so
6 modes of extinguishing an obligation
- Payment or performance
- Loss of the thing due
- Condonation or remission of the debt
- Confusion or merger of the rights of the creditor and debtor
- Compensation
- Novation
4 special kinds of payment
- Dation in payment or dacion en pago
- Application of payment
- Payment by cession
- Tender of payment and consignation
5 requirements for a valid tender and consignation
- There was a debt due
- There be a prior valid tender of payment made by the debtor and unjust refusal by the creditor to accept it
- That the previous notice of consignation had been given to the persons interested in the performance of the obligation
- That the thing or amount due was placed at the disposal of the court
- That after the consignation had been made, the persons interested were notified
7 exceptions when loss of the thing due will not extinguish an obligation
- When it is expressly provided in law
- When it is expressly declared in the contract
- When the nature of the obligation requires the assumption of risk
- When the object of the obligation is lost, and the loss is due partly to the fault of the debtor
- When the object of the obligation is lost, and the loss occurs after the debtor has incurred in delay
- When the debtor promised to deliver the same thing to two or more persons who do not have the same interest
- When the obligation to deliver arises from criminal offense
- When the obligation is generic
5 requirements for legal compensation
- That each one of the obligors be bound principally and that he be at the same time a principal creditor of the other
- That both debts consist in a sum of money, or if the things due are consumable, they be of the same kind, and also of the same quality if the latter has been stated
- That the two debts be due
- That they be liquidated and demandable
- That over neither of them there be any retention or controversy, commenced by third persons and communicated in due time to the debtor