WebApr 12, 2024 · BUSINESS LAW EXAM 2024 QUESTIONS AND ANSWERS (GRADED) A+ 1. In an obligation to give a determinate thing, what rights are available to the creditor? First Answer – To compel specific performance Second Answer – To recover damages in case of breach of the obligation Third Answer – To ask that the obligati WebQ: Give 1 importance of analyzing determinate thing and indeterminate thing in Business Law Give 1… A: Business law refers to the body of laws that governs commercial activities and transactions between…
Module 3 law of contracts - SlideShare
WebMar 17, 2012 · 1. CoE 413 – Contracts, Laws and Ethics Law on Contracts Module 3: Law on Contracts Article 1156 to 1430 of the New Civil Code – law of obligations and contracts Obligation – Latin word “obligare” meaning to bind. - a juridical necessity to give, to do or not to do. Obligation to give: “A” entered into contract with “B ... WebSep 29, 2024 · The basic definition of the term obligation is a situation in which a person has an honorable, inherent, or legal duty to do something. The term is also used when referencing situations in which a ... ts 890s hro
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WebJun 16, 2024 · Determinate sentencing is the process by which a judge sentences an offender to a specific amount of time in prison or jail. Indeterminate sentencing, however, is the more common method of sentencing. This is the process by which an offender is sentenced to a range of time in jail, such as one to three years, or two to five years. WebNov 3, 2024 · It is the obligation to deliver either [a] a specific or determinate thing, or [b] a generic or indeterminate thing. An example of this would be the vendor's obligation to give the vendee the thing purchased. [2] TO DO. The prestation to do is a positive personal obligation. It includes all kinds of work or service. An example of this would be ... WebMay 21, 2024 · As an example, if property is conveyed to a church “as long as it is used for church purposes,” the church has a fee simple determinable in that property. If … phillip walker carnell