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What is Essential Elements of Obligation Explained about?

An obligation consists of parties (creditor and debtor), prestation (the conduct to be performed), and a juridical tie (the relationship binding the parties). Obligations can arise from law, contracts, or quasi-contracts, and can be classified based on various criteria such as the nature of the prestation, the number of parties involved, and the type of obligation. The document also outlines the duties of debtors and creditors, the effects of non-performance, and different modes of delivery in the context o

Author

delacalzadagm

Language

EN