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What is Understanding Legal Obligations Explained about?

The document discusses the definition and essential elements of obligations under Philippine law. It can be summarized as follows: 1. An obligation is defined as a juridical necessity to give, do, or not do something. It requires an obligor who has a duty, an obligee who has a corresponding right, and a prestation or subject matter that is the object of the obligation. 2. Obligations can arise from law, contracts, and quasi-contracts. They must have a source that binds the parties, such as an agreement b

Author

jaanice iwaizumi

Language

EN