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Extinguishment of Obligations in Law by Kareen Baucan is a document available to read on EtoBox.

Obligations can be extinguished in several ways according to the Civil Code of the Philippines. The primary mode of extinguishing obligations is through payment or performance, which refers to fulfilling the obligation by delivering or rendering what is owed. For a payment or performance to validly extinguish an obligation, it must meet certain requisites like identity of prestation, meaning the exact goods or services owed must be delivered unless otherwise agreed. If the obligation specifies money, it mus

Author

Kareen Baucan

Language

EN