Chapter 1 Flashcards
(120 cards)
What article number defines obligation as a juridical necessity to give, to do or not to do?
Article 1156
Where is the term obligation derived from?
Latin word obligatio
What does obligatio means?
Tying or binding
A civil obligation is enforceable by law
True
Natural obligations are enforceable by law
False
How long is the prescription period for written obligations?
10 years
This is the time wherein obligations can expire
Prescriptive period
Can civil obligations become a natural obligation?
Yes if its past prescription period
Can you still receive payment from the debtor even if the obligation has already been prescribed?
Yes, if debtor voluntarily pays
Payment of prescribed loan can still be recovered.
False
This kind of obligation is not required by law however, once paid, it can no longer be recovered.
Natural obligation
Element of an obligation who has the right to demand performance of the obligation
Active subject
Element of an obligation who is obliged to perform the obligation
Passive subject
Element of an obligation that consists of giving, doing, or not doing something
Prestation
This element of an obligation binds the parties to an obligation
Efficient cause
It is the reason why the debtor needs to perform the obligation to the creditor
Efficient cause (vinculum juris or juridical tie)
What are the 3 forms of obligations?
Oral
Written
Mix of both
Kinds of obligations according to subject matter
Real obligations
Personal obligations (+/-)
This obligation refers to the giving of the object
Real obligations
What is the latin word origin of “Real” in real obligations?
Res
This kind of obligation refers to performing an action to settle the obligation
Positive Personal Obligation
This kind of obligation refers to NOT performing an action to settle the obligation
Negative personal obligation
5 sources of obligations
Law Contracts Quasi-contracts Delicts Quasi-delicts
According to this article no. Obligations arise from, law, (quasi)/ contracts, (quasi)/delicts.
Article 1157