Module 0 - Oblicon Terms Canvas [LLAW 113]

Completed

Obligation

A juridical necessity to give, to do, or not to do, as specified in Article 1156 of the New Civil Code.

Contract

Contracts, on the other hand, are just but one of the

sources of obligations. It is not then entirely accurate that it comes on equal footing with Obligations.

Etymology of Obligations

Derived from the Latin words 'ob' and 'ligare,' meaning to bind or tie together.

Civil Code of the Philippines

codification of laws governing private interests

Roman Law and Debtors

Under Roman law, if the debtor could not pay, the creditor could have him brought to the magistrate who would authorize the creditor to cuff the debtor.

Metaphorical Meaning of Obligations

By the time of Cicero, 'ligatio' referred to a bond of law rather than a physical binding.

Gaiian Order

The structure of the Civil Code which includes three parts: Persons, Things, and Obligations.

Cruelty in Roman Debt Law

Originally, debtors could be chained or sold if they could not pay, showing the severity of obligations in ancient times.

Commercial Law

Obligations form the basis of commercial law, governing interests like the sale of goods and services.

Private Law

The domain covering obligations, which are exclusively concerned with private interests.

Sources of Obligation

Contracts are just one of the sources of obligations in legal terms.