WebSECONDARY CLASSIFICATION OF OBLIGATIONS 1. Legal, Conventional, Penal Obligations a. Legal – an obligation which arises from Law b. Conventional – an obligation arising from Contract c. Penal – an obligation arising from commission of crime 2. Real and Personal Obligations d. Real – an obligation to give e. Weban obligation which is demandable at once conditional obligation an obligation whose fulfillment or extinguishment depends upon a future and uncertain event obligation with a period an obligation whose fulfillment or extinguishment depends upon a future and certain event alternative obligation
Chapter 3. Different Kinds OF Obligations - Studocu
WebCHAPTER 3: DIFFERENT KINDS OF OBLIGATIONS. SECTION 1. – Pure and Conditional Obligations. Read More.. SECTION 2. – Obligations with a Period. Read More.. SECTION 3. – Alternative Obligations. WebNov 7, 2012 · 1 of 23 Kinds of judicial obligation Nov. 07, 2012 • 45 likes • 37,320 views Download Now Download to read offline Jonathan Luanzon Follow Faculty Member at St. Rose College Educational Foundation, Inc. Advertisement Advertisement Recommended Obligation and cobtracts buslaw1 Sheena Dingal 108k views • 18 slides Obligations and … symphony zeds dead lyrics
The Different Types Of Obligations In Business Law
WebMay 2, 2024 · Types of Obligation There are various forms of Obligation, such as absolute, express, contractual, penal, and Moral Obligations. {"error":true,"iframe":true} Video Quiz Course 95K views To... Web1) Potestative - depends upon the exclusive will of one of the parties (Example: I'll sell you my car if I like); 2) Casual - depends on chance or hazard or the will of a third person (if I win in the lotto); 3) Mixed - depends partly on the will of one of the parties and partly on chance or the will of a third person (if I pass the bar). ... WebIn addition to the above types of specific obligations, the contracting parties are also bound to follow the general principles of contract. For example, all contracting parties have a … symphony youth orchestra