STUDY AID - LAW ON OBLIGATIONS (Article one thousand one hundred fifty-six to Article one thousand three hundred four Civil Code)
REQUISITES of a valid obligation:
OBLIGATIONS OF THE DEBTOR:
CIRCUMSTANCES AFFECTING OBLIGATIONS:
Kinds of Damages: (MENTAL)
TEST: Diligence of a good father of a family.
Two. Involuntary - debtor is not liable for damages.
GENERAL RULE: No liability in case of fortuitous event EXCEPTIONS:
Characteristics of a condition:
Two principal kinds of condition:
Other Kinds of Conditions:
Rules in case of imposition of impossible condition
Retroactive effect of the fulfillment of a condition:
Rules during the pendency of the fulfillment of a suspensive condition:
WHEN THE DEBTOR LOSES THE RIGHT TO MAKE USE OF THE PERIOD
Effect of loss in facultative obligations:
Words used to indicate joint liability:
Words used to indicate solidary liability:
Exceptions: There is solidarity only when:
When penalty may be reduced:
MODES OF EXTINGUISHING AN OBLIGATION:
PAYMENT OR PERFORMANCE - the delivery of the sum or thing due or the
Rights of the third party who paid the obligation of another:
Rules in Monetary obligations:
DATION IN PAYMENT (dacion en pago)
PAYMENT BY CESSION (cession en pago)
CONFUSION OR MERGER OF RIGHTS
Requisites of compensation:
Debts Not Susceptible of Compensation: