Podcast
Questions and Answers
What is the key difference between a pure obligation and a conditional obligation?
What is the key difference between a pure obligation and a conditional obligation?
- Pure obligations depend on uncertain future events, while conditional obligations are immediately demandable.
- Pure obligations are immediately demandable, while conditional obligations depend on a future or uncertain event. (correct)
- Pure obligations require fulfillment of a past event for demandability, while conditional obligations are independent of any event.
- Pure obligations involve a past event unknown to the parties, while conditional obligations do not.
Which scenario exemplifies a pure obligation?
Which scenario exemplifies a pure obligation?
- I will pay you \$5,000 when I receive my tax refund.
- I will give you \$5,000 if you graduate with honors.
- I will lend you \$5,000 until you find a job.
- I promise to pay you \$5,000 on demand. (correct)
In what way does a 'term' differ from a 'condition' in the context of obligations?
In what way does a 'term' differ from a 'condition' in the context of obligations?
- A term influences a legal relationship, while a condition does not.
- A term is uncertain, while a condition is certain.
- A term is certain to occur, while a condition is uncertain. (correct)
- A term depends on the will of the debtor, while a condition does not.
Which of the following best illustrates a conditional obligation?
Which of the following best illustrates a conditional obligation?
XYZ Insurance Company promises to pay Mr. B $1 Million if he dies of any disease except cancer. What kind of obligation is this?
XYZ Insurance Company promises to pay Mr. B $1 Million if he dies of any disease except cancer. What kind of obligation is this?
When is an obligation demandable at once?
When is an obligation demandable at once?
Which scenario involves a resolutory condition?
Which scenario involves a resolutory condition?
How does a resolutory condition affect an existing obligation?
How does a resolutory condition affect an existing obligation?
What is the primary importance of distinguishing between a pure and conditional obligation?
What is the primary importance of distinguishing between a pure and conditional obligation?
Which phrase indicates a conditional obligation?
Which phrase indicates a conditional obligation?
What is the legal effect of a suspensive condition in an obligation?
What is the legal effect of a suspensive condition in an obligation?
In the context of obligations, what does 'demandable at once' signify?
In the context of obligations, what does 'demandable at once' signify?
How would you classify the obligation: 'I'll support you until you become a lawyer'?
How would you classify the obligation: 'I'll support you until you become a lawyer'?
Which of the following conditions, if attached to an obligation, would make it a conditional obligation?
Which of the following conditions, if attached to an obligation, would make it a conditional obligation?
If an obligation has a condition that is impossible to fulfill, what is the general effect on the obligation?
If an obligation has a condition that is impossible to fulfill, what is the general effect on the obligation?
Which of these scenarios accurately represents a term affecting an obligation?
Which of these scenarios accurately represents a term affecting an obligation?
What is the critical element that distinguishes a conditional obligation from an obligation with a term?
What is the critical element that distinguishes a conditional obligation from an obligation with a term?
How does the concept of 'condition' relate to the fulfillment of an obligation?
How does the concept of 'condition' relate to the fulfillment of an obligation?
In which scenario would the obligation be considered demandable at once, without any delay?
In which scenario would the obligation be considered demandable at once, without any delay?
An obligation is made such that 'I will give you this house, but it will be mine again if you become a criminal'. What kind of obligation is it?
An obligation is made such that 'I will give you this house, but it will be mine again if you become a criminal'. What kind of obligation is it?
Flashcards
Pure Obligation
Pure Obligation
An obligation immediately demandable because its performance doesn't depend on a future or uncertain event, or a past event unknown to the parties.
Conditional Obligation
Conditional Obligation
An obligation whose effectivity is dependent on the fulfillment or non-fulfillment of a future and uncertain event, or a past event unknown to the parties.
Condition
Condition
An uncertain event that influences a legal relationship.
Term
Term
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When is an obligation demandable at once?
When is an obligation demandable at once?
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Study Notes
- A pure obligation is immediately demandable, and its performance does not depend on a future or uncertain event, or an unknown past event.
- e.g., "I promise to pay you P1 million" or "I'll pay you P1 million on demand."
- A conditional obligation's effectivity depends on the fulfillment or non-fulfillment of a future and uncertain event, or an unknown past event.
- e.g., "I'll give you P1 million if you pass your ObliCon prelims exam this semester."
- Another example: "I'll give you a car now, but once you fail any subject, the car will be mine again."
- A condition is an uncertain event that influences a legal relationship.
- A term is something that will necessarily occur, whether the parties know when or not.
- Obligations are demandable at once when they are pure or have a resolutory condition.
- e.g., "I'll give you my car, but you should not marry Kitty this year."
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