Obligations Business Law: General Provisions

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Who is the active subject in an obligation?

Creditor

Debtor

Obligor

Obligee (correct)

Which element of an obligation refers to the conduct that the debtor must observe?

Requisites

Prestation (correct)

Active subject

Passive subject

What is the legal tie that binds the parties to an obligation called?

Determinate prestation

Active subject

Efficient cause

Vinculum juris (correct)

Which of the following is NOT a requisite of an obligation?

Immaterial Signup and view all the answers

What does an obligee have the right to demand in an obligation?

Passive subject's fulfillment Signup and view all the answers

What is the general rule regarding obligations derived from law?

They are regulated by the precepts of the law that establishes them. Signup and view all the answers

How are contracts defined according to the text?

As an agreement where one binds himself to give something or render a service. Signup and view all the answers

In quasi-contracts, what distinguishes it from contracts?

It is unilateral in nature. Signup and view all the answers

What is solutio indebiti in the context of quasi-contracts?

Undue payment Signup and view all the answers

Which set of laws governs obligations ex delicto?

Revised Penal Code and other penal laws Signup and view all the answers

Obligations Business Law: General Provisions

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Questions and Answers

Who is the active subject in an obligation?

Which element of an obligation refers to the conduct that the debtor must observe?

What is the legal tie that binds the parties to an obligation called?

Which of the following is NOT a requisite of an obligation?

What does an obligee have the right to demand in an obligation?

What is the general rule regarding obligations derived from law?

How are contracts defined according to the text?

In quasi-contracts, what distinguishes it from contracts?

What is solutio indebiti in the context of quasi-contracts?

Which set of laws governs obligations ex delicto?

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