P2 Flashcards

1
Q

This obligation where there is only one debtor and only one creditor

A

Individual obligation

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2
Q

Obligation where in there are two or more debtors and/or two or more creditors

A

Collective Obligation

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3
Q

Types of collective obligation

A

Joint
Solidary

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4
Q

Obligation where the whole obligation is to be paid or fulfilled proportionately by the different debtors and/or demanded proportionately by different creditors

A

Joint Obligation

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5
Q

Obligation only pay your share and in favor in debtor

A

Joint Obligation

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6
Q

Obligation where each one of the debtors is bound to render, and/or each one of the creditors has a right to demand from any of the debtors, entire compliance with the prestation

A

Solidary Obligation

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7
Q

One debtor obliges to pay the entire obligation if the creditor demands it.

A

Solidary obligation

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8
Q

Type of collective obligation wherein its in favor in creditor

A

Solidary Obligation

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9
Q

What type of collective obligation if the contract didn’t disclose what type of obligation is the contract?

A

Joint Obli

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10
Q

Mancomumada

A

Joint Lia

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11
Q

Mancomumada

A

Joint Lia

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12
Q

Mancomunadamente

A

Joint lia

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13
Q

Proportionately

A

Joint lia

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14
Q

Pro rata

A

Joint lia

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15
Q

“we promise to pay” signed by 2 or more persons

A

Joint lia

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16
Q

Jointly and/or severally

A

Solidary lia

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17
Q

Solidaria

A

Solidary lia

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18
Q

In solidum

A

Solidary lia

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19
Q

Together and/or separately

A

Solidary lia

20
Q

Individually and/or collectively

A

Solidary lia

21
Q

Juntos o separadamente

A

Solidary lia

22
Q

“i promise to pay” signed by two or more person

A

Solidary lia

23
Q

One of the solidary creditors collected the debt. This a useful act because it will benefit the other creditors

A

Useful act

24
Q

One of the object which, in its delivery or performance, is capable of partial fulfillment

A

Divisible obli

25
Q

Can be delivered partial or whole

A

Divisible obli

26
Q

One of the object of which, in its delivery or performance, is not capable of partial fulfillment

A

Indivisible obli

27
Q

Kinds of division

A

Qualitative division
Quantitative division
Ideal or intellectual division

28
Q

Based on quality of things which are the object of obli

A

Qualitative division

29
Q

Based on quantity of things which are the object of obli

A

Quantitative division

30
Q

Division exist only in minds of the partners

A

Ideal or intellectual division

31
Q

Kinds if indivisibility

A

Legal
Conventional
Natural

32
Q

Law declares it is indivisible

A

Legal indivisible

33
Q

Where the will of the parties makes as indivisible

A

Conventional indivisible

34
Q

When the nature of the object or prestation does not admit of division

A

Natural indivisibility

35
Q

An accessory contract or undertaking attached to an obligation to assume greater liability is case of breach of principal contract

A

Penal clause

36
Q

An accessory contract or undertaking attached to an obligation to assume greater liability is case of breach of principal contract

A

Penal clause

37
Q

One which can stand by itself and does not depend for its validity and existence upon another obligation

A

Principal obligation

38
Q

Which is attached to a principal obligation and cannot stand alone

A

Accessory obligation

39
Q

Kinds of penal clause as to purpose

A

Compensatory
Punitive

40
Q

When penalty takes the place of damages or money

A

Compensatory

41
Q

When penalty takes the place of damages or money

A

Compensatory

42
Q

The penalty is imposed merely as a punishment of breach

A

Punitive

43
Q

Person from whom the creditor must accept payment

A

Debtor
Person who has interest in the obli
3rd person has no interest in obli but has agreement that makes the payment

44
Q

Where the 3rd person acquires not only the right to be reimbursed for what he has paid but also other rights which the creditor could have exercised pertaining to the credit

A

Subrogation

45
Q

3rd person may recover from the debtor only insofar as the payment has been beneficial to the debtor

A

Payment without knowledge or against the will of the debtor

46
Q

3rd person shall have the right of reimbursement and subrogation

A

Payment made with consent of the debtor

47
Q

Special forms of payment

A

Dation in payment
Application of payment
Payment by cession
Tender of payment and consignation