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What is Understanding Voluntary Obligations about?

An obligation is a legal necessity to do or not do something. There are various types of obligations defined by their source, subject matter, parties obligated, and performance required. Obligations can arise from law, contracts, quasi-contracts, delicts, or quasi-delicts. Parties to an obligation include a passive debtor who is obligated and an active creditor who is entitled to demand fulfillment. Obligations can require positive performance such as giving or negative performance such as not doing.

Author

emilio_ii

Language

EN