12 Questions
What is the term used for the delay of the creditor in accepting delivery of the thing which is the object of the obligation?
Mora Accipiendi
In delays by the parties or obligors in reciprocal obligations, what kind of default does it refer to?
Compensatio Morae
What does the debtor need to do to be considered in default (delay) according to the text?
Comply with the demand made by the creditor
When does default (delay) occur for Gaya in delivering the horse to Tito according to the text?
From the date of demand made by Tito
What happens if there is no demand made by the creditor according to the text?
The obligation is not yet due or demandable
What must Pedro do to be considered in default (delay) on delivering his car to Juan according to the text?
Fail to deliver and not comply after a judicial demand by Juan
When does a person who is obliged to deliver or do something incur in delay?
Only when a demand is made by the creditor, judicially or extrajudicially
In what situation would default automatically occur without any demand as per the text?
When a debtor promises to pay a sum without specific demand
What condition must be present for a debtor to be in delay even without any demand from the creditor?
The parties agreed that default will occur if performance is not made on the due date
In which scenario would a debtor automatically be considered in default according to the text?
When time is considered crucial for performance and set forth in the contract
Under what circumstance would a debtor be considered in delay without any demand from the creditor as per the text?
If an agreement specifies that performance after due date results in default
In what instance would delay not require any demand by the creditor as explained in the text?
When performance after due date would no longer benefit the creditor
This quiz covers the concepts of complete failure to perform obligations and default, delay, or mora in the context of obligations. It explains the kinds of default such as mora solvendi, mora accipiendi, and compensatio morae.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
