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Essential Requisites of Obligations by Angelica Baldres is a document available to read on EtoBox.
What is Essential Requisites of Obligations about?
The document discusses the four essential requisites of an obligation under Philippine law: 1) a passive subject, known as the debtor or obligor, who has a duty to perform the obligation; 2) an active subject, known as the creditor or obligee, who has the right to demand performance; 3) an object or prestation that is the subject matter of the obligation, such as an act that must be done or not done; and 4) a legal tie or efficient cause that binds the parties and is the source of the obligation.
- Author
- Angelica Baldres
- Language
- EN