Explain an alternative obligation
WebMar 25, 2016 · Alternative Obligation – debtor is alternatively bound with various prestations that are due but the performance of one of them is sufficient to extinguish the … Web1) Conjunctive - if ALL the conditions must be performed; 2) Alternative - if only a FEW of the conditions have to be performed. Meaning of "When his Means Permit" (Art. 1180) When the debtor binds himself to pay when his means permit him to do so, the OBLIGATION shall be DEEMED to be ONE WITH a PERIOD, subject to the provisions of Article 1197.
Explain an alternative obligation
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WebTrue. I. A conditional obligation is one the performance of which depends on an uncertainty. II. If an obligation is made dependent upon such past events, the obligation is not pure but appears to be conditional. III. Since a condition refers only to uncertain and future events, a past event cannot be a condition. True. WebThe Law on Obligations and Contracts: Study Guide on Alternative Obligation University University of San Carlos Course Bachelor of Science and Accoutancy (BSA) Academic …
WebAn alternative obligation is, where a person engages to do, or to give several things in such a manner that the payment of one will acquit him of all; as if A agrees to give B, … WebSECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations 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. Right of choice, as a rule, given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor ...
Webobligation: [noun] the action of obligating oneself to a course of action (as by a promise or vow). WebFeb 21, 2024 · ALTERNATIVE OBLIGATION An obligation where several prestations are due, BUT the performance of one is sufficient Debtor/obligor has the right of election …
WebMeaning of alternative obligation. An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficiently determined by the …
lao sichuan menuWebObligation 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 … laos january temperatureWebChapter 3 - Alternative Obligations. 23 terms. krizhangl. Chapter 3 - Obligations with a Term. 20 terms. krizhangl. Chapter 3 - Pure and Conditional Obligations. 68 terms. krizhangl. Verified questions. business math. Solve the below system by using a graph and indicate whether the solution region is bounded or unbounded. Find the coordinates ... laos kai kalamaki glyfada menuWebAlternative Obligations means any indebtedness in respect of monies borrowed or raised by the Issuer (other than in the form of Notes) on terms similar to the Notes ( in particular … laos kunyit jahe kencur kunyit dan temulawak termasuk tanamanWebObligation 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 ... laos park buda xieng khuanWebA divisible obligation is one the object of which, in its delivery or performance, is capable of partial fulfillment. For example, A agreed to pay B Php4,000 in two equal monthly installments for his debt. Here, the obligation of A is divisible because it is capable of partial performance. There are three kinds of division [1]: a) Qualitative ... laos pada tahun 1949 memperoleh kemerdekaan semu dari negaraWebExplain alternative measures for valuing the pension obligation. One measure bases the pension obligation only on the benefits vested to the employees. Vested benefits are … laos menurut kbbi