Laws

An obligation wherein various things are due, but the payment of one of them is sufficient, determined by the choice which as a general rule belongs to the obligor

One in which each of the debtors is answerable only for a proportionate part of the debt, and each one of the creditors is entitled to a proportionate part of a credit

One in which each of the debtors is liable for the whole obligation and each of the creditors may demand compliance of the entire obligation

A kind of solidarity when it exists among the creditors only

When the solidarity takes place among the debtors only, it is called

An obligation which is capable of partial performance

A obliged himself to deliver 6 sacks or rice to B as follow: 3 sacks on May 1st, and and another 3 sacks on June 1st. This illustrates:

A type of division also known as moral, intellectual or mental division

It is an accessory undertaking to assume greater liability in case of breach

If the penalty is not paid at the same time for demand failure. This is _______ type of penal clause:

A classification of penal clause when both the principal contract and the penal clause can be enforced

An obligation can be extinguished by the ff except:

An obligation which is not capable of partial performance

A kind of remission when the environment of the obligation is waived or renounced totally

A remission when the waiver or renunciation refers only to a part of the obligation

A remission when it is shown by words or declaration of the obligee

A remission when it is inferred from the acts or conduct of the obligee

A type of compensation that takes place when compensation extinguishes the two debts in their concurrent amounts even without the express agreement of the parties.

A type of compensation that takes place when there is compensation by agreement of the parties as in the case of mutual set off of accounts.

A type of compensation that takes place when courts permits counterclaim of the defendant as against the claim of the plaintiff.