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Understanding Obligations and Prestation by Maggie Malonzo is a document available to read on EtoBox.
What is Understanding Obligations and Prestation about?
The document discusses the definition and essential elements of an obligation under Philippine law. It defines an obligation as a juridical necessity to give, do, or not do something. The essential elements are: 1) a juridical tie between the parties; 2) an active subject or creditor; 3) a passive subject or debtor; and 4) a prestation or object of the obligation. Obligations can arise from law, contracts, quasi-contracts, acts or omissions punished by law, and quasi-delicts. Obligations from contracts have
- Author
- Maggie Malonzo
- Language
- EN