Chapter 1 - General Provisions Flashcards
(42 cards)
In Latin word “obligatio” - tying or binding.
Tie or bond recognized by law by virtue of which one is bound in favor of another to render something – giving a thing, doing a certain act, or not doing a certain act.
Obligation
Juridical tie; connotes that in case of noncompliance, there will be legal sanctions.
Juridical Necessity
The sum of money as compensation for the harm suffered by the CREDITOR OR OBLIGEE for the violation of his rights.
Damages
_______ is the compensation while the ______ is the harm done to a party.
Damages ; Damage
Obligation which give to the Creditor or Obligee a right under the law to enforce their performance in courts of justice.
CIVIL OBLIGATION
Obligation not being based on positive law but on equity and natural law, do not grant a right of action to enforce their performance.
NATURAL OBLIGATION
Who is bound to the fulfillment of the obligation; he who has a duty.
Passive Subject / Debtor / Obligor
Who is entitled to demand the fulfillment of the obligation; he who has a right.
Active Subject / Creditor / Obligee
The conduct required to be observed by the debtor.
Object or Prestation / Subject Matter of the Obligation
Which binds or connects the parties. Knowing the source of the obligation.
Juridical or Legal Tie / Efficient Cause
6 years
Oral
10 years
Writing
It is an act or performance which the law will enforce.
Obligation
The power which a person under the law, to demand from another any prestation.
Right
It is act or omission of one part in violation of the legal right.
Injury, wrongful violation of the legal right.
Wrong (cause of action)
Right in favor of a CREDITOR
Legal Right
On the part of the DEBTOR; to respect or not to violate said right.
Correlative Legal Obligation
By the DEBTOR in violation of said right with resulting injury or damage to the CREDITOR.
Act or Omission
(to give) the subject matter is a thing which the obligor must deliver to the obligee.
REAL OBLIGATION
(to do or not to do) the subject matter is an act to be done or not to be done.
PERSONAL OBLIGATION
Personal Obligation (to do) to render service.
POSITIVE PERSONAL OBLIGATION
Personal Obligation (not to do / no to give)
NEGATIVE PERSONAL OBLIGATION
In case of CONTRACTS and QUASI-CONTRACT.
Licit Acts
Punishable in the case of DELICTS or CRIMES, or not punishable in the case of QUASI-DELICTS or TORTS.
Illicit Acts