Extinguishment Of Obligations an der Far Eastern University | Karteikarten & Zusammenfassungen

Lernmaterialien für Extinguishment of Obligations an der Far Eastern University

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TESTE DEIN WISSEN
It means that the prestation be fulfilled completely
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TESTE DEIN WISSEN
Integrity of the prestation
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TESTE DEIN WISSEN
S obliged himself to sell 1,000 bags of
cement to B for a certain price. However,
despite diligent efforts on his part, S was
able to deliver only 950 bags because of
cement shortage. Take note that S wants to comply with his obligation to deliver the entire 1,000 bags but he could not do so for reasons beyond his control.
Will S recover as though there had been complete delivery less the price of the 50 bags?
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TESTE DEIN WISSEN
Yes. Under Art. 1234 S may recover if the obligation has been substantially performed in good faith. 
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TESTE DEIN WISSEN
Modes of extinguishment of obligations classified:
1) Loss of the thing due or impossibility of
performance
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TESTE DEIN WISSEN
Involuntary: b. By reason of object

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TESTE DEIN WISSEN
Payment means not
only the delivery of money but also
the performance, in any other
manner, of an obligation. (n)
What article?
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TESTE DEIN WISSEN
1232
Lösung ausblenden
TESTE DEIN WISSEN
Modes of extinguishment of obligations classified:
1) Payment; and
2) Consignation
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TESTE DEIN WISSEN
Voluntary: a. Performance
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TESTE DEIN WISSEN
(1) There must be substantial performance;
 This depends upon the circumstances of
each particular case; and
(2) The obligor must be in good faith.
 Good faith is presumed in the absence
of proof to the contrary.
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TESTE DEIN WISSEN
Requisites for the application of article 1234
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TESTE DEIN WISSEN
Only when_____introduces evidence that the obligation has been extinguished does the burden shift to the_____
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TESTE DEIN WISSEN
Debtor, Creditor
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TESTE DEIN WISSEN
Meaning of Payment: In law
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TESTE DEIN WISSEN
Payment and performance are
synonymous.
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TESTE DEIN WISSEN
If the obligation has been substantially performed in good faith, the obligor may recover as though there had been a strict and complete fulfillment, less damages
suffered by the obligee. (n)
What article is this?
Lösung anzeigen
TESTE DEIN WISSEN
1234
Lösung ausblenden
TESTE DEIN WISSEN
There is a ___________ that money paid by one to another was due to the latter.
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TESTE DEIN WISSEN
Disputable presumption
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TESTE DEIN WISSEN
Meaning of Payment: As to mode of extinguishing an obligation
Lösung anzeigen
TESTE DEIN WISSEN
Payment may consist of not only in the
delivery of money but also the giving of a
thing (other than money), doing of an act, or
not doing of an act.

Lösung ausblenden
TESTE DEIN WISSEN
When the obligee accepts the performance, knowing its
incompleteness or irregularity, and
without expressing any protest or
objection, the obligation is deemed
fully complied with. (n)
What article is this?
Lösung anzeigen
TESTE DEIN WISSEN
1235
Lösung ausblenden
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Q:
It means that the prestation be fulfilled completely
A:
Integrity of the prestation
Q:
S obliged himself to sell 1,000 bags of
cement to B for a certain price. However,
despite diligent efforts on his part, S was
able to deliver only 950 bags because of
cement shortage. Take note that S wants to comply with his obligation to deliver the entire 1,000 bags but he could not do so for reasons beyond his control.
Will S recover as though there had been complete delivery less the price of the 50 bags?
A:
Yes. Under Art. 1234 S may recover if the obligation has been substantially performed in good faith. 
Q:
Modes of extinguishment of obligations classified:
1) Loss of the thing due or impossibility of
performance
A:
Involuntary: b. By reason of object

Q:
Payment means not
only the delivery of money but also
the performance, in any other
manner, of an obligation. (n)
What article?
A:
1232
Q:
Modes of extinguishment of obligations classified:
1) Payment; and
2) Consignation
A:
Voluntary: a. Performance
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Q:
(1) There must be substantial performance;
 This depends upon the circumstances of
each particular case; and
(2) The obligor must be in good faith.
 Good faith is presumed in the absence
of proof to the contrary.
A:
Requisites for the application of article 1234
Q:
Only when_____introduces evidence that the obligation has been extinguished does the burden shift to the_____
A:
Debtor, Creditor
Q:
Meaning of Payment: In law
A:
Payment and performance are
synonymous.
Q:
If the obligation has been substantially performed in good faith, the obligor may recover as though there had been a strict and complete fulfillment, less damages
suffered by the obligee. (n)
What article is this?
A:
1234
Q:
There is a ___________ that money paid by one to another was due to the latter.
A:
Disputable presumption
Q:
Meaning of Payment: As to mode of extinguishing an obligation
A:
Payment may consist of not only in the
delivery of money but also the giving of a
thing (other than money), doing of an act, or
not doing of an act.

Q:
When the obligee accepts the performance, knowing its
incompleteness or irregularity, and
without expressing any protest or
objection, the obligation is deemed
fully complied with. (n)
What article is this?
A:
1235
Extinguishment of Obligations

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