Five Sources of Obligations PDF

Title Five Sources of Obligations
Course Corporate Law
Institution University of the People
Pages 1
File Size 55 KB
File Type PDF
Total Downloads 568
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Summary

 Roberto as the seller has an obligation to deliver a specific thing which is a complete set of videoke machines and gadgets to the obligee as his buyer. Explain each three (3) other incidental/additional obligations to deliver the specific thing to his obligation.(1) Aside from Roberto’s obligatio...


Description



Roberto as the seller has an obligation to deliver a specific thing which is a complete set of videoke machines and gadgets to the obligee as his buyer. Explain each three (3) other incidental/additional obligations to deliver the specific thing to his obligation. (1) Aside from Roberto’s obligation to deliver the determinate thing, the videoke machine, he also has to take care of the thing with the diligence of a good father until it is delivered, as stated in Article 1163. (2) Furthermore, according to Article 1166, if there are accessions and accessories, Roberto is obliged to deliver these inclusions despite the obligee not knowing their existence (3) Lastly, if so ever, Roberto fails to comply, the obligee has the right to compel him to make the delivery and demand payment of damages from him (Article 1165).



In your own understanding, explain the five (5) sources of civil obligations. The five (5) sources of civil obligations are: (1) Law in which the legal obligation is expressly implied in the law. (2) Contracts, where obligations arise upon the agreement between two or more parties. (3) Quasi-contracts wherein obligations are the results from a lawful, voluntary act, in which consent is only implied in the law so that no one will be unjustly enriched at the expense of the other. (4) Delicts however are obligations arising from acts or omissions punishable by law due to criminal offenses or criminal negligence. (5) Lastly, quasi-delicts are obligations resulting from the lack of foresight, negligence, or imprudence but no contractual relations are existing between the parties....


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