an active subject; a passive subject; the prestation; and the legal tie.
Kinds of Obligations
Pure –
Conditional-
Obligations with a term
Suspensive – give rise
Resolutory – extinguish
Potestative – will
Causal –
Mixed
Conjunctive
Alternative
Juridical capacity- void
Legal capacity – voidable
Both don’t have capacity - unenforceable
Vices of consent – voidable
Potestative based on will of one party – obligation is void if
1. suspensive
2. dependent on the debtor
Constructive fulfillment
1. Obligor prevents fulfillment
Impossible – void if positive
Always fulfilled
Effect of fulfillment – retroact
1. Except fruits
Reciprocal – mutually compensated
Unilateral- debtor
2. Prescriptive period
Debtor losses right to make use of period
1. Debtor is insolvent unless there is security or guarantee
2. security or guarantee unfurnished
3. impaired guarantee and securities or disappear through fortuitous event
4. violates undertaking
5. attempts to abscond
PRESTATION – performance/obligation
Conjunctive – all
Alternative –
Facultative – creditor chooses a substitute
ALTERNATIVE
1. Choice belong to debtor
Debtor
All things lost – Fortuitous – No damages
Fault - value of last thing/damages
Some are lost – Fortuitous or fault – last remaining
Fault of creditor – debtor can rescind+ ask damages
- Perform plus damages
Creditor
All things lost - Fault of debtor – value of any plus damages
Some - Fault of debtor – price of lost + damages
Remaining plus damages
FACULTATIVE
Choice of substitute always to debtor
Only one prestation is demandable
Before substitution
Principal is lost – extinguished
Substitute – not extinguished
After substitution
Principal – not extinguished
Substitute – extinguished
SOLIDARY – debtor is liable for whole obligation
Creditor is entitled to demand whole
Terms – joint and several , individually, collectively
Law – heirs of estate
Agency- agent exceeded authority allowed
Two or more bailees same contract
By nature –
JOINT OBLIGATIONS – if silent
Debts/credits are independent of each other
Vices of each obligation does not affect the obligation
Default only to that demanded
Joint
Disjunctive – Or
Condition – debtors pays permits him to do so – PERIOD
Deadline – obligation is extinguished when
a. time expires
b. indubitable never take place anymore
Obligations with a period – will surely happen compared to condition
Ex die – suspensive
In diem – resolutory
Special Forms of payment
1. Dation in Paymet en Pago – transfer of ownership , full if silent
2. Application of payments
3. Cession or assignment –deliver all properties to creditors as agents for selling
Voluntary – extinguishment is up to amount of proceeds-silent
Judicial-all obligations are extinguished
Debtor insolvent
Tender of Payment
Preparatory Act- not extinguish, only offer
Consignation – gave to court because of refusal to receive
EXTNGUISHMENT - LOSS OF THING
Fortuitous
Partial loss
IMPOSSIBILITY OF PERFORMANCE
CONDONATION/REMISSION (gratuitous)
Confusion or Merger of Rights (both creditor/debtor)
Defective contracts
Rescissible 4 yrs
1. Lesion- more than ¼
2. Fraud of creditors
3. Litigation – no consent from litigants or judicial authority
4. By law
- unpaid seller
- specific thing deteriorate fault of debtor suspensive
- lesion at least ¼ of partition
- real estate deficient by 1/10
5. Reciprocal – RESOLUTION(Primary) caused by non-performance
Voidable – Annuled or Ratified – 4 yrs
1. Incapable of giving consent
2. Vices of contracts
Incapacitated plus fortuitous – can be annulled
Effects - Restitution
Incapacity – not obliged restitution except the benefits or price received
Unenforceable until ratified
1. Unauthorized
2. Statute of Frauds
A. must be in writing
- agreement is not to be performed with a year
- guaranty – promise for others
- consideration made in promise of marriage , other than mutual promise to marry
- sale not less than 500
- sale of real property – lease longer than one year
- representation as to the credit of a 3rd person
Sale – only meeting of the mind
3. Both are incapacitated
Void
1. Contrary to law
2. simulated or fictitious
3. cause or object did not exist
4. outside the commerce of mn
5. impossible
6. intention on principal not sure
7. by law