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Art. 1200
(Right of Choice):
Belongs to Debtor by default, unless expressly given to creditor.
The debtor cannot choose prestations that are impossible, unlawful, or outside the object of obligation.
Art. 1201
(Communication of Choice):
Choice produces no legal effect until communicated to the other party.
Once the selection is validly communicated, the obligation ceases to be alternative and becomes a simple obligation.
Art. 1204 & 1205
(Loss of Prestations):
If choice is DEBTOR'S and all items lost by fault: Creditor gets indemnity based on value of the LAST item lost + damages.
If some (but not all) items are lost by debtor's fault, the debtor simply selects from the remaining practicable options.
If choice is CREDITOR'S and item lost by debtor's fault: Creditor can choose price of ANY lost item + damages.
The creditor can choose any remaining item OR the monetary value of any lost item plus damages.
Art. 1206
(Facultative):
Only one prestation is due, but debtor may render another in substitution. Loss of substitute before substitution does not make debtor liable.
Once substitution is formally made and communicated, loss of the substitute due to debtor's fault makes the debtor liable for damages.