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Understanding Obligations with a Period by Marga Lera is a document available to read on EtoBox.
1. Obligations with a period are demandable only when the day fixed for their performance arrives. A period refers to a span of time that influences an obligation by suspending its demandability or determining its extinguishment. 2. The courts may fix the duration of obligations when the obligation does not specify a period but its nature indicates one was intended, or when the duration depends on the will of the debtor. The courts determine a period based on what was probably contemplated by the parties.
- Author
- Marga Lera
- Language
- EN