Module 1.3 Kinds of Obligation Canvas Handouts [LLAW 113]

This set of flashcards covers key terms and concepts related to different kinds of obligations as noted in the lecture.

Pure Obligation

An obligation whose effectivity or extinguishment does not depend on the fulfillment of a condition or the expiration of a period.

Conditional Obligation

An obligation whose effectivity is subordinated to the fulfillment or non-fulfillment of a future and uncertain event.

Suspensive Condition

A condition that, when fulfilled, creates or gives rise to the obligation.

Resolutory Condition

A condition that, when fulfilled, ends or extinguishes the obligation.

Potestative Condition

A condition whose happening is dependent solely on the will of one party.

With a Period

An obligation that depends on a future and certain event.

Facultative Obligation

An obligation where only one prestation is agreed upon, but the debtor may give another in substitution.

Alternative Obligation

An obligation where several prestations are due, but only one is required.

Joint Obligation

An obligation where each creditor can demand only their proportionate share from each debtor.

Solidary Obligation

An obligation where any creditor can demand the entire obligation from any debtor.

Divisible Obligation

An obligation capable of partial performance.

Indivisible Obligation

An obligation not capable of partial performance.

Penal Clause

An accessory undertaking attached to an obligation to ensure its performance by stipulating indemnity in case of breach.