The Law on Obligations and Contracts PDF

Title The Law on Obligations and Contracts
Author Esenwhyy
Course Accountancy
Institution General de Jesus College
Pages 1
File Size 46.7 KB
File Type PDF
Total Downloads 3
Total Views 163

Summary

Article 1183...


Description

OBLICON Article 1183 States that if the impossible conditions oppose the good customs, public policy and prohibited by law shall nullify the obligation which depends upon them. If the obligation is divisible the other part that is not affected by impossible conditions will be valid. Obligation that not to do the impossible things shall not have been agreed upon. The impossible conditions have two kinds: Physically impossible conditions and Legally impossible conditions. Physically impossible conditions are the conditions that cannot exist, cannot be done and impossible to happen. For instance, “I will pay you P20,000 if it will not be hot for one year in the Philippines.” Legally impossible conditions are the conditions that are against the law, morals, good customs, public order or public policy. For example, “I will give you P15,000 if you will threaten X by shooting their house.” The effects of impossible conditions 1. Conditional obligation void - the impossible condition will nullify the obligation depends upon them. The obligation and the condition are void because the obligor knows that his obligation cannot be fulfilled. 2. Conditional obligation valid - the condition that nothing to do an impossible thing because of that, the obligation can be rendered and be fulfilled because nothing to do to impossible things and there’s like no condition....


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