What are the two classification of obligation?

2. A natural obligation is one which can not be enforced by action, but which is binding on the party who makes it, in conscience and according to natural justice. 3. A civil obligation is a legal tie, which gives the party, with whom it is contracted, the right of enforcing its performance by law.

What are the 5 kinds of obligation?

DIFFERENT KINDS OF OBLIGATION
  • Pure and conditional obligation.
  • Obligations with a period.
  • Alternative and facultative obligations.
  • Joint and solidary obligations.
  • Divisible and indivisible obligations.
  • Obligations with a penal clause.

What are the classification of conditional obligation?

Moreover, there are two principal kinds of condition such as: a) suspensive condition, or the fulfillment of which will give rise to an obligation; and b) resolutory condition, or the fulfillment of which will extinguish an obligation.

What are the 2 classification of obligations quizlet?

Pure and Conditional Obligations, CHAPTER 3 DIFF.

What are the examples of obligation?

The definition of an obligation is something that someone is required to do. An example of obligation is for a student to turn in his homework on time every day. A moral or legal duty to perform or to not perform some action. The constraining power of a promise, contract, law, or sense of duty.

What are the 2 characteristics of obligations?

Every obligation has four essential elements: an active subject; a passive subject; the prestation; and the legal tie. The ACTIVE SUBJECT is the person who has the right or power to demand the performance or payment of the obligation. He is also called the obligee or the creditor.

What is pure and conditional obligation?

Pure obligation is one free from any condition and there is no period of fulfillment, thus it is immediately demandable. Conditional obligation is one where its fulfillment is upon the condition stipulated. Condition is a future and uncertain event which can draw the effectivity or extinguishment of an obligation.

What are the sources of obligation?

As far as the sources of obligations are concerned, the old regulation knew four of them, namely: the contract, the quasi-contract, the offence and the quasi-offence; obligational relationships arising from the latter two were relationships of civil liability for damage, to which the same principles were applied.

What is obligation and kinds of obligation?

Types of obligations

They legally bind two people into an agreement. Each person becomes responsible for doing their part of the contract. A legal contract consists of an offer, an acceptance of that offer, an intention to bind to one another in a legal agreement and a consideration, something of value to be exchanged.

How many types of obligations are there?

There are three kinds of solidary obligation – i) Several solidary obligations ii) Joint solidary obligation iii) Joint and several solidary obligations.

What are the kinds of obligation under Philippine law?

There are only two (2) sources of obligations, namely: (1) law; and (2) contracts because obligations arising from quasi-contracts, crimes (No. 4, Article 1157, Civil Code of the Philippines), and quasi-delicts are really imposed by law.

What are the kinds of real obligation?

Examples of real obligations are the periodical payment obligation of a long lease holder, the maintenance of the property subject to a servitude and the financial contributions by apartment owners. A real obligation differs in several aspects from a personal obligation.

What are the 4 elements of obligation?

Every obligation has four essential elements: an active subject; a passive subject; the prestation; and the legal tie. The ACTIVE SUBJECT is the person who has the right or power to demand the performance or payment of the obligation.

What is the obligation means?

Definition of obligation

1 : the action of obligating oneself to a course of action (as by a promise or vow) 2a : something (such as a formal contract, a promise, or the demands of conscience or custom) that obligates one to a course of action made an obligation to pay their children’s college expenses.

What is the concept of obligation?

The popular meaning of the term “obligation” is a duty to do or not to do something. In its legal sense, obligation is a civil law concept. An obligation can be created voluntarily, such as one arising from a contract, quasi-contract, or unilateral promise.

What are the classification of contract?

In general, contracts are classified along four different dimensions: explicitness, mutuality, enforceability, and degree of completion. Explicitness is the degree to which the agreement is manifest to those not party to it. Mutuality takes into account whether promises are given by two parties or only one.

What are the 5 elements of a contract?

A contract involves two or more parties who are competent to enter into a legally binding agreement.
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The 5 elements of a legally binding contract are made up of:
  • An offer.
  • Acceptance,
  • Consideration.
  • Mutuality of obligation.
  • Competency and capacity.