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What is Understanding Legal Obligations and Elements about?

Obligation is a legal necessity that binds two parties to perform or not perform a duty according to law. It has four elements: an obligor who must fulfill the obligation, an obligee who demands fulfillment, a prestation or object of the obligation, and a juridical tie that connects the parties to the object. Obligations can arise from contracts, quasi-contracts, unlawful acts, or quasi-delicts. Fruits refer to income or goods produced from property without diminishing its value, and can be natural, industr

Author
ana marie caluyo
Language
EN