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What is Understanding Legal Obligations and Contracts about?

1. Obligations can arise from law, contracts, quasi-contracts, acts or omissions punished by law, and quasi-deceits. 2. Obligations derived from law are expressly established in statutes and must be followed as written. Obligations from contracts are binding between the parties if made in good faith. 3. Quasi-contracts create obligations to prevent unjust enrichment when someone receives a benefit from another by mistake or without cause.

Author

Samuel Barbo

Language

EN