Extinguishments of Obligations

What is one mode of extinguishment of obligations?

By novation

In what scenario may a creditor not be bound to accept payment by a third person?

When the third person is not interested in the obligation

What can be demanded by someone who pays for another in an obligation?

Repayment from the debtor except in certain cases

Under what circumstance can payment by a third person be rejected even if interest is present?

When there is no prior agreement between the parties Signup and view all the answers

Which mode of extinguishment involves the annulment of an obligation?

Rescission Signup and view all the answers

In purely personal obligations, what event can lead to extinguishment?

Death of one party Signup and view all the answers

What is the concept of application of payment?

Designation of the debt to which the payment must be applied when the debtor has several obligations of the same kind in favor of the same creditor Signup and view all the answers

Under what circumstances can a person who pays on behalf of the debtor without the debtor's knowledge compel the creditor to subrogate him in his rights? ( confusing. error. it's when both parties allow the new debtor to pay on behalf of old debtor?)

When the payment has not been beneficial to the debtor Signup and view all the answers

In what form must payment generally be made according to Philippine laws?

Legal tender in the Philippines Signup and view all the answers

When does a consignation produce the effect of payment without prior tender of payment?

When two or more persons claim the right to collect Signup and view all the answers

What is the main difference between tender of payment and consignation?

Tender of payment is preparatory, while consignation is principal Signup and view all the answers

What are the requisites of legal compensation?

Both debts must be liquidated and demandable Signup and view all the answers

Under what circumstances can a debtor withdraw a consignation made?

before judicial declaration that consignation has been properly made Signup and view all the answers

When does novation take place?

When the object or principal conditions are changed Signup and view all the answers

What happens when a debtor is released from an obligation due to it becoming legally or physically impossible without their fault?

The obligor is released from the obligation Signup and view all the answers

What is required for an obligation to be extinguished by reason of novation?

Incompatibility between old and new obligations Signup and view all the answers

What is expromision in relation to debtor substitution?

Substitution with the consent of the creditor at the instance of the new debtor Signup and view all the answers

What are the effects of substitution of a new debtor without the knowledge or against the will of the original debtor?

The original debtor can recover only to the extent that payment has been beneficial Signup and view all the answers

What happens when an obligation is not demandable?

It cannot be extinguished by novation Signup and view all the answers

Under what circumstances does confusion or merger of rights occur?

When the creditor and debtor become the same person Signup and view all the answers

What signifies that an accessory obligation of pledge has been remitted according to Art. 1274?

The thing pledged is found in possession of the debtor after delivery to the creditor Signup and view all the answers

When does compensation take place according to Art. 1278?

When two persons are creditors and debtors of each other in their own right Signup and view all the answers