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15 Cards in this Set

  • Front
  • Back

A juridical necessity to give to do or not to do

OBLIGATION

One which has a binding force in law; gives to the obligee (creditor) the right to enforce against the obligor (debtor) in a court of justice

CIVIL OBLIGATION

One which cannot be enforced by action; based on equity and natural law

NATURAL OBLIGATION

Obligation consists in giving something

REAL OBLIGATION

Obligation consists in doing or not doing something

PERSONAL OBLIGATION

Meeting of minds between two persons whereby one binds himself with respect to the other to give something or to render some service

CONTRACTS

Perfected by mere consent, parties are bound to the fulfillment of what has been expresely stipulated and to the consequences

CONSENSUAL CONTRACTS

Not perfected until the delivery of the object of the obligation

REAL CONTRACTS

Parties are mutually or reciprocally obliged to do or to give something

RECIPROCAL OBLIGATIONS

Only one of the parties is obliged to do or to give something

UNILATERAL OBLIGATIONS

Juridical relations arising from lawful, voluntary and unilateral acts, by virtue of which the parties become bound to each other, based on the principle that no one shall be unjustly enriched or benefited at the expense of another

QUASI-CONTRACTS

Juridical relation which arises whenever a person voluntarily takes charge of the agency or management of the business or property of another without any power or authority from the latter.

NEGOTIORUM GESTIO

Arises whenever a person unduly delivers a thing through mistake to another who has no right to demand it.

SOLUTIO INDEBITI

An act or omission punishable by law

DELICT

One which caused damage to another, there being fauly or negligence, but there is no pre-existing contractual relation between the parties, is obliged to pay for the damagr done

QUASI-DELICT or CULPA AQUILIANA or TORT