Kinds of Obligations Flashcards
is one which is not subject to any condition and no specific date is mentioned for its fulfillment and is, therefore, immediately demandable.
Pure Obligation
is one whose effectivity or extinguishment does not depend upon the fulfillment or non-fulfillment of a condition or upon the expiration of a term or period, and which, as a consequence, is characterized by the quality of immediate demandability.
Pure Obligation
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.”
Conditional Obligation
Is one whose effectivity or extinguishment
depends on the fulfillment or non-fulfilllment of a condition.
Conditional Obligation
Is a future and uncertain event, upon the
happening of which, the effectivity or
extinguishment of an obligation(or right) subject to it depends.
Condition
Determines the existence of an obligation.
Condition
Characteristics of Condition
Future and Uncertain, Past but Unknown
the event must be both future
and uncertain. Its very occurrence and the time of
such occurrence must be uncertain.
Future and Uncertain
a condition may refer to a past
event unknown to the parties.
Past but Unknown
cannot be a condition because it is not
future and uncertain event, more properly called as
“basis”, although proof of past event may be a condition.
Past Event
Primary Kinds of Condition
Suspensive Condition, Resolutory Condition
Other Kinds of Condition
Potestative condition
Casual condition
Mixed condition
Impossible condition
Positive condition
Negative condition
the happening of which gives
rise to an obligation (condition precedent or
antecedent)
suspensive condition
the happening of which
extinguishes the obligation (condition subsequent)
Resolutory Condition
where the fulfillment
depends upon one‘s will (either the debtor,
creditor or a third person)
Potestative Condition
when the fulfillment of the
condition depends upon chance
Casual Condition
when the fulfillment of the condition
depends partly upon one‘s will and partly upon chance
Mixed Condition
that which is not capable of
fulfillment because it is contrary to the law of nature or
contrary to law, morals, public order or public policy.
Impossible Condition
when they, in
nature of things, cannot exist or cannot be done.
Physically Impossible Condition
when they are contrary to law, morals, good customs, public order. or public policy
Legally Impossible Conditions
the happening of an
event at a determinate time. The obligation is
extinguished:
Positive (Suspensive) Condition
is an event that will not happen at
a determinate time. The obligation shall become effective and binding:
Negative Obligation
Perishes
Physical Loss
Goes out the commerce of
man
Legal Loss
Disappears in such a away that its existence in unknown or it cannot be recovered
Civil Loss
Loss
- Perishes (physical loss)
- Goes out the commerce of
man (Legal loss) - Disappears in such a away
that its existence in
unknown or it cannot be
recovered (Civil loss)
Any reduction or impairment in the
substance or value of a thing which
does not amount to a loss. The thing
still exists at the time the condition
is fulfilled, but it is no longer intact,
or is less than what it was when the
obligation was constituted.
Deterioration
Anything added to, incorporated in
or attached to the thing that is due.
Improvement