Podcast
Questions and Answers
What does the phrase 'diligence of a good father of a family' imply about a debtor's responsibility?
What does the phrase 'diligence of a good father of a family' imply about a debtor's responsibility?
What type of fruits are generated without human intervention?
What type of fruits are generated without human intervention?
What right does a creditor acquire over the fruits of a thing at the moment the obligation to deliver arises?
What right does a creditor acquire over the fruits of a thing at the moment the obligation to deliver arises?
According to Article 1166, what does the obligation to give a determinate thing include?
According to Article 1166, what does the obligation to give a determinate thing include?
Signup and view all the answers
What establishes the standard of extraordinary diligence?
What establishes the standard of extraordinary diligence?
Signup and view all the answers
What is the definition of omission in a legal context?
What is the definition of omission in a legal context?
Signup and view all the answers
What does estoppel refer to in legal terms?
What does estoppel refer to in legal terms?
Signup and view all the answers
What does vitiated mean in a legal context?
What does vitiated mean in a legal context?
Signup and view all the answers
Involuntary servitude can be best defined as:
Involuntary servitude can be best defined as:
Signup and view all the answers
What is restitution in legal terms?
What is restitution in legal terms?
Signup and view all the answers
Indemnification refers to which of the following?
Indemnification refers to which of the following?
Signup and view all the answers
Which statement best defines usufruct?
Which statement best defines usufruct?
Signup and view all the answers
What is the meaning of machination in legal terms?
What is the meaning of machination in legal terms?
Signup and view all the answers
What happens to an obligation if there is a loss of the specific thing without the debtor's fault?
What happens to an obligation if there is a loss of the specific thing without the debtor's fault?
Signup and view all the answers
If a debtor improves the specific thing at their own expense, what is the creditor entitled to?
If a debtor improves the specific thing at their own expense, what is the creditor entitled to?
Signup and view all the answers
Under what condition can a court not fix a new period for an obligation?
Under what condition can a court not fix a new period for an obligation?
Signup and view all the answers
What occurs when the debtor becomes unable to pay and their assets cannot cover liabilities?
What occurs when the debtor becomes unable to pay and their assets cannot cover liabilities?
Signup and view all the answers
Which of the following is a liability for the debtor if there is deterioration of the thing due to their fault?
Which of the following is a liability for the debtor if there is deterioration of the thing due to their fault?
Signup and view all the answers
What benefit does the creditor receive if an improvement occurs naturally over time?
What benefit does the creditor receive if an improvement occurs naturally over time?
Signup and view all the answers
When can obligations with a period change to being immediately due?
When can obligations with a period change to being immediately due?
Signup and view all the answers
What is the consequence of the creditor suffering from deterioration due to the debtor's fault?
What is the consequence of the creditor suffering from deterioration due to the debtor's fault?
Signup and view all the answers
What is the essential characteristic of a civil obligation?
What is the essential characteristic of a civil obligation?
Signup and view all the answers
Which of the following is NOT a type of national law based on its subject matter?
Which of the following is NOT a type of national law based on its subject matter?
Signup and view all the answers
What distinguishes a natural obligation from a civil obligation?
What distinguishes a natural obligation from a civil obligation?
Signup and view all the answers
Which of the following represents a prescriptive period for written contracts?
Which of the following represents a prescriptive period for written contracts?
Signup and view all the answers
What type of legal presumption is described as disputable or rebuttable?
What type of legal presumption is described as disputable or rebuttable?
Signup and view all the answers
What is the main purpose of the Civil Code of the Philippines?
What is the main purpose of the Civil Code of the Philippines?
Signup and view all the answers
Which article in the Civil Code defines an obligation?
Which article in the Civil Code defines an obligation?
Signup and view all the answers
In the context of obligations, who is the active subject?
In the context of obligations, who is the active subject?
Signup and view all the answers
What is the effect of failing to enforce a civil obligation within the prescriptive period?
What is the effect of failing to enforce a civil obligation within the prescriptive period?
Signup and view all the answers
What is the term used for the connection that binds the parties to an obligation?
What is the term used for the connection that binds the parties to an obligation?
Signup and view all the answers
Which of the following obligations involves an action of doing something?
Which of the following obligations involves an action of doing something?
Signup and view all the answers
What is the legal term for the necessity that, in the case of noncompliance, leads to legal consequences?
What is the legal term for the necessity that, in the case of noncompliance, leads to legal consequences?
Signup and view all the answers
Which of the following is an example of a personal obligation?
Which of the following is an example of a personal obligation?
Signup and view all the answers
What does the term 'prestitation' signify in obligations?
What does the term 'prestitation' signify in obligations?
Signup and view all the answers
What is a characteristic of joint obligations?
What is a characteristic of joint obligations?
Signup and view all the answers
In the context of solidary obligations, what happens when one debtor pays the whole amount?
In the context of solidary obligations, what happens when one debtor pays the whole amount?
Signup and view all the answers
Which of the following terms indicates joint obligations?
Which of the following terms indicates joint obligations?
Signup and view all the answers
How is the credit or debt presumed to be divided in joint obligations?
How is the credit or debt presumed to be divided in joint obligations?
Signup and view all the answers
What does Article 1209 state regarding joint indivisible obligations?
What does Article 1209 state regarding joint indivisible obligations?
Signup and view all the answers
What does the term 'solidaria' imply in obligations?
What does the term 'solidaria' imply in obligations?
Signup and view all the answers
In a scenario with joint creditors, how much can a single creditor demand?
In a scenario with joint creditors, how much can a single creditor demand?
Signup and view all the answers
If two creditors are involved, how does the payment process work in joint obligations?
If two creditors are involved, how does the payment process work in joint obligations?
Signup and view all the answers
Which of the following best describes the principle of reimbursement among solidary debtors?
Which of the following best describes the principle of reimbursement among solidary debtors?
Signup and view all the answers
What is indicated by the phrase 'We promise to pay' signed by multiple persons?
What is indicated by the phrase 'We promise to pay' signed by multiple persons?
Signup and view all the answers
What occurs when an obligation is extinguished?
What occurs when an obligation is extinguished?
Signup and view all the answers
Which of the following is a requirement for payment or performance to fully extinguish an obligation?
Which of the following is a requirement for payment or performance to fully extinguish an obligation?
Signup and view all the answers
What defines substantial performance in the context of extinguishing obligations?
What defines substantial performance in the context of extinguishing obligations?
Signup and view all the answers
In a dacion en pago, what does the debtor do?
In a dacion en pago, what does the debtor do?
Signup and view all the answers
What is the outcome of tender of payment followed by consignation?
What is the outcome of tender of payment followed by consignation?
Signup and view all the answers
What does 'application of payments' allow a debtor to do?
What does 'application of payments' allow a debtor to do?
Signup and view all the answers
Which of the following indicates the creditor's acceptance of partial performance?
Which of the following indicates the creditor's acceptance of partial performance?
Signup and view all the answers
What is a result of 'payment by cession'?
What is a result of 'payment by cession'?
Signup and view all the answers
How does partial payment affect the creditor's rights?
How does partial payment affect the creditor's rights?
Signup and view all the answers
What must be true for a debtor to choose specific debts to extinguish?
What must be true for a debtor to choose specific debts to extinguish?
Signup and view all the answers
Study Notes
Coblaw 1 Final Exam Reviewer - Obligations and Contracts (De La Salle University)
-
Legal Terms to Remember:
- Omission: Failure to act, e.g., not saving a child drowning.
- Estoppel: A legal bar preventing a person from denying something they've previously stated or implied.
- Vitiated: Spoiled or impaired the quality or efficiency of something.
- Abscond: To evade or hide.
- Undertaking: To violate a promise.
- Involuntary Servitude: Being forced to perform an act against one's will.
- Restitution: Returning something to its rightful owner or offering equal value for loss or damage.
- Indemnification: Compensating someone for damages or losses.
- Machination: A plot or conspiracy
- Indubitable: Unquestionable, not open to doubt.
- Usufruct: Right to use someone else's property with obligations to maintain its condition.
- Prestations: Payment in money or services to fulfill an obligation.
- Remission: Forgiveness or condonation of an offence or injury.
- Onerous: Burdensome.
- Ratifiable: Able to be confirmed or approved later.
- Ratification: Confirmation making a voidable contract valid.
- Rescission: A remedy for a voidable contract, restoring the parties to their original positions.
- Litigation: Legal proceedings resolving a dispute.
-
Introduction to Law:
- Law is valid but not implemented
- Violating the law has consequences
- Law's purpose – promote common good, compliance of all, created by competent authority, reasonable rules of conduct, address problem.
-
General Classes of Law:
- Divine Law: Morality and rules established in religion
- Moral Law: Values and ethics, based on society's standards
- Natural Law: Innate human rights and natural laws
- Physical Law: Scientific principles
- Human Positive Law: Rules enacted by the government, e.g., state, or other legal systems
-
Branches of Government:
- Legislative: Create and enact laws
- Executive: Enforce and implement laws
- Judicial: Interpret and apply laws to resolve disputes.
-
Classes of Positive Law:
- National Law: Applies to everyone in the country
- Ordinances (LGUs): Laws made by local govt units
- Administrative Regulations: Rules created to implement existing laws.
-
Laws Based on Purpose/Nature:
- Substantive law (rights and obligations)
- Procedural/adjective law (remedy and procedures)
-
Law based on Subject Matter:
- Public Law (relationship between state & citizens)
- Private/Civil Law (relationships among individuals)
-
Civil Code of the Philippines:
- Book 4 addresses obligations and contracts
-
Kinds of Legal Presumptions:
- Conclusive: Cannot be disproven
- Disputable: Can be disproven by evidence.
-
Nature of Obligations:
- Civil Obligation: Enforceable in court
- Natural Obligation: Moral obligation, not enforceable in court
-
Prescription of Civil Actions:
- Time limits for initiating legal actions (e.g., contract duration)
- Different time limits for different kinds of obligations.
-
Sources of Obligations:
- Law: Obligations imposed by law itself.
- Contracts: Agreements between parties.
- Quasi-Contracts: From lawful, voluntary acts
- Crimes/Acts/Omissions: Punishable by law
- Quasi-delicts: Negligence causing damage to another
-
Requisites of Obligations:
-
Passive subject: Debtor/obligor
-
Active subject: Creditor/obligee
-
Object/prestation: Subject matter: conduct to be observed by debtor.
-
Juridical/legal tie: That which binds parties
-
-
Obligations to Give:
- Determinate: Specific or identified, e.g., a specific painting
- Indeterminate: Generic or unspecified, e.g. a certain type of rice.
-
Duties in Giving a Determinate Thing:
- Taking care of the item.
- Delivering the item itself.
-
Types of Fruits:
- Natural Fruits: Naturally arising (e.g., fruits from a tree).
- Industrial Fruits Produced through labor (e.g., crops from field).
- Civil Fruits Legal right to an asset (interest from a loan).
-
Obligation to Do:
- A duty to do an action.
-
Obligation Not To Do:
- A duty to avoid something
-
Kinds of Definite Contracts:
- Rescissible: Defect in contract either to one of the parties or to a 3rd person - e.g., Lesion Damage
- Voidable: Vice in consent, e.g., fraud, violence, intimidation, etc etc
- Unenforceable: Defective due to form, lack of authority, capacity, or non-compliance to certain statues etc etc
- Void: Defect due to essential elements or illegality e.g., Illegal Contract or Illegal Agreement
-
Other concepts (for example, for joint liabilities, obligations with a period, and others):
- Joint Obligations: When two or more parties have the obligation, to fulfill a contract.
- Solidary Obligations: When two or more parties each have the entire obligation.
- Obligations with a period: An obligation which has a date by which it will have to be fulfilled, until that date, there Is no obligation
- Alternative obligations: The parties can decide which particular obligation they fulfill or decide to take several obligations
- Facultative obligations: The obligation has an alternative, but the deciding party is only one
-
Important Legal Terms and Principles:
- Cause: Reason for the contract
- Consent: Agreement between parties
- Legality: Compliance with the law
- Formality: Specific form needed (e.g., writing)
- Dacion en pago: Substituting money debt with a property
- Quasi-delict: Negligence or fault causing damage
- Tender of Payment: Offer to pay, with or without the valid reason
- Consignation of payment: Deposit with a court.
- Fraud or Dolo: Intentional deceit used in a contract to make the contract voidable
- Negligence or Culpa: Conduct causing a defective contract, - contract, e.g., contractual negligence - quasi-delict, e.g., quasi- delict negligence.
- Delay or Mora: Failure to deliver when necessary
- Exempting Circumstances: Reasons why a party may not be liable for breach.
- Implied Consent: Agreement that isn't stated explicitly
-
Chapter 2, Defective Contracts:
- Reformation: Change in contract if it doesn't reflect the true agreement.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Prepare for your final exam on Obligations and Contracts with this comprehensive reviewer from De La Salle University. The quiz covers essential legal terms and concepts that are crucial for understanding your responsibilities and rights under the law. Test your knowledge and get ready to ace your exam!