Untitled Deck Flashcards

1
Q

DIFFERENT KINDS OF OBLIGATIONS

A

PURE OBLIGATION
CONDITIONAL OBLIGATION

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2
Q

WHEN IS AN OBLIGATION DEMANDABLE AT ONCE?

A
  1. When it is pure.
  2. When it is subject to a resolutory condition
  3. When it is subject to a resolutory period.
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3
Q

DEBTOR TO PAY “WHEN HIS MEANS PERMIT”
Obligation is one with TERM or PERIOD

A
  1. “When my means permit to do so”
  2. “When I can afford it”
  3. “When I am able to”
  4. “When I have money”
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4
Q

A future and uncertain event, upon the happening of which, the effectivity or extinguishment of an obligation (or rights) subject to it depends

A

CONDITION

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5
Q

PRINCIPAL KINDS OF CONDITION

A

SUSPENSIVE CONDITION
RESOLUTORY CONDITION

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6
Q

one the fulfillment of
which will give rise to
an obligation (or
right).

if the suspensive
condition is fulfilled,
the obligation arises

until the condition
takes place, the
existence of the
obligation is a mere
hope.

A

SUSPENSIVE
CONDITION

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7
Q

one the fulfillment
of which will
extinguish an
obligation (or right)
already existing.

if it is the resolutory
condition that is
fulfilled, the
obligation is
extinguished.

its effects flow, but
over it, hovers the
possibility of
termination

A

RESOLUTORY
CONDITION

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8
Q

THREE KINDS OF CONDITIONS

A

POTESTATIVE
CASUAL
MIXED

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9
Q

POTESTATIVE

A

Depends on the exclusive will
of one of the parties. (This is also called facultative condition.)

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10
Q

CASUAL

A

Depends on chance OR upon the
will of a third person.

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11
Q

MIXED

A

Depends upon the will of one of the contracting parties and other circumstances,
including the will of third persons or chance.

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12
Q

CONDITIONS (VOID)

A

IMPOSSIBLE
ILLEGAL

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13
Q

[physically (to make a dead man
live); logically (to make a circle that is at the
same time a square (illogical condition)].

A

IMPOSSIBLE

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14
Q

prohibited by good customs, public
policy; prohibit-ed, directly or indirectly, by
law, like killing X, a friend].

A

ILLEGAL

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15
Q

The happening of an event at a determinate
time.
The obligation is extinguished:
(1) as soon as the time expires without the event
taking place; or
(2) as soon as it has become indubitable that the
event will not take place although the time specified
has not yet expired.

A

POSITIVE CONDITION

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16
Q

an event will not happen at a determinate
time. The obligation shall become effective
and binding:
(1) from the moment the time indicated has elapsed
without the event taking place; or
(2) from the moment it has become evident that the
event cannot occur, although the time indicated has
not yet elapsed.

A

NEGATIVE CONDITION

17
Q

EFFECTS OF FULFILLMENT OF SUSPENSIVE
CONDITIONS

A

Retroactivity
No Retroactivity

18
Q

The obligation becomes
effective to the day the obligation was constituted.

A

Retroactivity

19
Q
  1. fruits or interests.
  2. period of prescription ( the period runs from
    the day the condition was fulfilled, because it can
    be enforced only from said date.
A

No Retroactivity

20
Q

NO RETROACTIVE EFFECTS AS TO FRUITS AND
INTERESTS

A

Unilateral Obligations
Reciprocal Obligations

21
Q

debtor gets the fruits
and interests unless there is a contrary intent

A

Unilateral Obligations

22
Q

The fruits and
interests during the pendency of the condition shall (for the purpose of convenience and practical effectiveness) be
deemed to compensate each other (even though they really be unequal)

A

Reciprocal Obligations

23
Q

If not allowed to take the appropriate actions,
there is a danger the creditor will receive nothing, as when the object is deliberately destroyed, or hidden, or alienated.

A

ACTIONS TO PRESERVE CREDITOR’S RIGHTS

24
Q

What was paid by mistake may be recovered
be- cause, after all, the condition may not
materialize. In the meantime, the debtor has
lost the use of the object. It is unfair for the
creditor to unjustly enrich himself. This is a
case of SOLUTIO INDEBITI (undue payment).

A

RIGHT OF DEBTOR TO RECOVER WHAT WAS PAID
BY MISTAKE

25
Q

APPLICABILIT

A

1) the suspensive condition is fulfilled; and
2) the object is specific (not generic).

26
Q

WHAT ARE THE THREE THINGS THAT MAY HAPPEN
TO THE OBJECT OF AN OBLIGATION PENDING THE
FULFILLMENT OF A SUSPENSIVE CONDITION?

A

A. The object may be lost
B. The object may deteriorate
C. The object may improve

27
Q

A. The object may be lost

A

a) without the fault of the debtor
b) with fault of the debtor
c) partly with and partly without the fault of the
debtor

28
Q

B. The object may deteriorate

A

a) without the fault of the debtor
b) with the fault of the debtor
c) partly with and partly without the fault of the
debtor

29
Q

C. The object may improve:

A

a) by nature or by time
b) through the expense of the debtor
c) partly through nature or time and partly by the
debtor

30
Q

right to cancel (or resolve) the contract or reciprocal obligations in case of nonfulfillment on the part of one.

A

RIGHT TO RESCIND

31
Q

obligations where two parties are reciprocally obliged to do or give something

A

RECIPROCAL OBLIGATIONS