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Nature and Effect of Obligations

Campos, Christian Razel P.


School of Electrical, Electronics, and Computer Engineering
Mapa Institute of Technology
Muralla St., Intramuros, Manila 1002 Philippines
Christian.razel@gmail.com
CW3 : Reported by Group 2

Abstract An Obligation is a lawful 2. Generic or Indeterminate


bond by which at least one
gatherings (obligants) will refers only to a class or genus to
undoubtedly act or cease from which it pertains and cannot be pointed
acting. A commitment in this out with particularity .-it is identified
manner forces on the obligor an only by its specie- the debtor can give
obligation to perform, and all the
anything of the same class as long as it
while makes a comparing
appropriate to request execution is of the same kind.
by the obligee to whom execution
is to be offered. *Duties of debtor in obligation to give
a determinate thing

Keywords obligation, debtor, creditor, 1. Preserve the thing


obligor, oblige, interest, presumption
a. Diligence of a good father of a
family with ordinary care or diligence
I. INTRODUCTION which an average person exercises over
his own property
In Merriam-Webster Dictionary [1],
Obligation is defined as: (1) something b. Another standard of care slight or
that you must do because it is morally extraordinary diligence
right and; (2) something that you must
do because of a law, rule, promise, etc. c. Factors to be considered force
The Civil Code of the Philippines will be majeure/ fortuitous events
the primary premise and reference in d. Reason for debtors obligation
noting the current issues.
2. Deliver the fruits of the thing
1. Specific or Determinate
3. Deliver the accessions and
Particularly designated or physically accessories
segregated others of the same class.- it
is identified by its individuality- the 4. Deliver the thing itself
debtor cannot substitute it with another
although the latter is of the same kind 5. Answer for damages in case of
and quality without the consent of the non-fulfilment or breach
creditor.
II. REFERENCE ARTICLES TO ANSWER
THE PROBLEM
acquire no real right over it until the
For reference and solid justification in same has been delivered to him.
answering the problems, the following
articles are used as basis:

Article 1164. The creditor has a right


2. D (debtor) borrowed
to the fruits of the thing from the time
the obligation to deliver it arises. 20,000 Php from C (creditor)
However, he shall acquire no real right payable after one (1) year? Is D
over it until the same has been delivered liable to pay interest?
to him. (1095)

Article 1175. Usurious transactions- According to Article 1175. Usurious


shall be governed by special laws. (n)
transactions shall be governed by
special laws. D is liable to pay interest
to C if: (1) they have explicitly
demanded that a specific amount of
III. ANSWERS TO PROBLEMS interest might be recuperated by C, and
(2) there is a composed understanding
amongst D and C about the interest.
1. S (seller) sold to B(buyer) on July5, The payment of the interest is invalid if
a horse named silver to be there is no concession to the interest in
delivered on July 20. However, on essence.
July 15, S sold again and delivered
the horse to T. Who has a better IV. ACKNOWLEDGEMENT
right to Silver?
I would like to acknowledge other
reactors to this topic for the effective
exchange of ideas with regards to this
- T has better right to silver than B matter for it helped me to finish this
case analysis.
because T already has the horse and all
rights have been passed to him which T
became the true owner of silver
according to article 1164 of nature and V. REFERENCES
effect of obligation it states that the the
creditor has a right to the fruits of the [1] MerriamWebster Dictionary,
thing from the time the obligation to [2] H. S. De Leon, The Law on
deliver it arises. However, he shall Obligations and Contracts, Quezon City,
REX Printing Company

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