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What is Understanding Obligations and Contracts about?

The document discusses obligations and contracts under Philippine law. It begins by defining an obligation as a legal tie by which one person is bound to render something to another, whether by giving a thing, doing an act, or refraining from an act. Obligations can arise from five sources according to law: law, contracts, quasi-contracts, criminal acts or omissions, and quasi-delicts. The document goes on to discuss the nature and different types of obligations, as well as how obligations are extinguished,

Author

Gracee Ramat

Language

EN