What is facultative obligation example?

What is facultative obligation example?

A facultative obligation is one where only one prestation has been agreed upon but the obligor may render another in substitution. Examples: (1) I will give you my piano but I may give my television set as a substitute. In this obligation, only the piano is due. Hence, its loss through my fault will make me liable.

Who has the right to choose in alternative obligations?

SECTION 3. – ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice, which, as a general rule, belongs to the debtor. Right of choice, as a rule, given to debtor.

What is difference between facultative and alternative obligation?

A S TO OBJECTS DUE – In facultative obligations only one object is due, whereas in alternative obligations several objects are due; B. W HAT IS THE RULE IF THE OBLIGATION IS ALTERNATIVE ? A person alternatively bound by different prestations shall completely perform one of them.

What is solidary obligation example?

A common example of solidary obligations for the obligees is a joint bank account; when two or more names are on an account, they are obligees of the bank’s obligation to make funds available on demand. Each obligee would have the right to withdraw the whole amount in the bank account.

What is positive and negative obligation?

In summary, positive obligations are, broadly speaking, obligations “to do something” to ensure respect and protection of human rights. Negative obligations refers to a duty not to act; that is, to refrain from action that would hinder human rights.

What is the example of pure obligation?

Pure Obligation •The statement of a gratuitus title saying “I will give you this lot” is a pure obligationexample: mr. d obliges himself to pay mr. c 1,000,000. the obligation is immediately demandable because there is no condition & no date is mentioned for its fulfillment.

What is the example of joint obligation?

Joint Liability Example An example of joint liability would be when spouses both sign for a loan. If one spouse should die, the other remains liable for the balance of the loan as a co-signer. However, this is contingent upon default by the borrower. With joint liability, creditors may sue once for any debt.

What are the examples of Resolutory condition?

RESOLUTORY CONDITION. On which has for its object, when accomplished, the revocation of the principal obligation; for example, I will sell you my crop of cotton, if my ship America does not arrive in the United States, within six months. My ship arrives in one month, my contract with you is revoked.

What is positive personal obligation cite two examples?

Personal Obligations (obligation to do or not to do) – the subject matter is an act to be done or not to be done by the obligor. a. Positive Personal Obligation – an obligation to do or to render service. Ex: X binds himself to drive Y to school.

What is a positive security obligation?

1. Positive Security Obligation, including: a. set and enforced baseline protections against all hazards for critical infrastructure and systems, implemented through sector-specific standards proportionate to risk.