WebObligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform. An obligation is also a duty to do what is imposed by a contract, promise, or law. In the most general sense, duty is a synonym of obligation. When getting more technical, obligation refers to the tie that ... WebA facultative obligation is a type of legal obligation that gives an individual the choice to fulfill it or not. This means that the person is not required to fulfill the obligation, but has the option to do so if they choose. An example of a facultative obligation is a contract that allows one party to back out of the agreement if certain ...
Section 3. — Alternative Obligations - SECTION 3. - Studocu
WebAn alternative obligation is one wherein various prestations are due but the performance of one of them is sufficiently determined by the choice which, as a general rule, belongs to … WebSep 29, 2024 · The legal definition of an obligation differs from the generally accepted sense of obligation in daily life. Explore obligation's legal definition, the types of legal obligations, and examples of ... rowlett chamber of commerce tx
Alternative Obligation Law and Legal Definition USLegal, …
WebCompound or Conuctive Obligation a. concept - A compound or conuctive obligation is an obligation wherein various things are due and is extinguished only by the performance of all of them (Luna) b. example - D obliged himself to give C on Oct. 4, 1976 a radio and a piano. To be able to extinguish his obligation D is obliged to give C on Oct. 4 ... WebAlternative Obligation. Alternative obligation is one wherein various prestation are due but the performance of one of them is sufficient as determined by the choice which, as a general rule, belongs to the debtor. (Article 1200). 2. Facultative Obligation. Facultative obligation is one where only one prestation has been agreed upon but the ... WebJul 24, 2024 · What is alternative obligation and example? For example, A agrees to give B, upon a sufficient consideration, a horse, or one hundred dollars. Usually, when an obligation is alternative, the choice of the item of performance belongs to the obligor unless it has been expressly or impliedly granted to the oblige. rowlett chamber events