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OBLICON Definition of Terms1222
OBLICON Definition of Terms1222
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Terms Definitions
Accesory Obligation One which is attached to a principal obligation and, therefore, cannot stand alone
Accessions The fruits of a thing or additions to or improvements upon a thing (the principal)
Accessories Things joined to or included with the principal thing for the latter's embellishment, better use or completion.
Active Solidarity Solidarity on the part of the creditors, where any one of them can demand the fulfillment of the entire
obligation; essential feature is that of mutual representation among the solidary creditors with powers to
exercise the rights of others in the same manner as their rights
Acts of God Events which are totally independent of the will of every human being, e.g. earthquake, flood, rain, shipwreck,
lightning, volcanic eruption
Acts of man e.g. war, fire, robbery, nurder, insurrection
Alternative Obligation Several prestations are due but the performance of one is sufficient as determined by the choice which, as a
general rule, belongs to the debtor
Application of payments The designation of debt to which should be applied the payment made by a debtor whi has various debts of the
same kind in favor of one and the same creditor
Bilateral Obligation When both parties are mutually bound to each other; may be reciprocal or non-reciprocal
Capacity to alienate The person is not incapacitated to enter into contracts and to make a disposition of the thing due.
Casual Condition The condition depends upon chance or upon the will of a third person
Causal Fraud Fraud employed in the execution of a contract, which vitiates consent
Civil fruits Those delivered by virtue of a juridical relation
Civil Loss When a thing disappears in such a way that its existence is unknown
Civil Negligence Negligence which by itself is the source of an obligation between the parties not so related before any pre-
existing contract; also tort or quasi-delict
Compensatio Morae Delay of the obligors in reciprocal obligations i.e., delay of the obligor cancels the delay of the obligee, v.v.
Compensation The extinguishment to the concurrent amount of the debts of two persons who, in their own right, are the
debtors and creditors of each other
Compensatory Penal Clause When the penalty takes place of damages
Condonation or Remission Gratuitous abandonment by the creditor of his right against the debtor; a form of donation
Confusion or merger The meeting in one person of the qualities of a creditor and debtor with respect to the same obligation
Conjuctive Condition There are several conditions and all must be fulfilled
Conjuctive Obligation There are several prestations and all of them are due
Consignation The act of depositing the thing or amount due with the proper court when the creditor does not desire or
cannot receive it, after complying with the formalities required by law
Contract A juridical convention manifested in legal form, by virtue of which one or more persons bind themselves in
favor of another or others, or reciprocally, to the fulfillment of a prestation to give, to do or not to do.
Conventional Solidarity Solidarity is agreed upon by the parties; if nothing is mentioned in the contract, the obligation is only joint
Conventional Subrogation (Novation - Subrogation) when it takes place by express agreement of the original parties (the debtor and the
original creditor) and the third person (the new creditor)
Criminal Negligence Negligence resulting in the commission of a crime
Dation in payment Conveyance of ownership of a thing as an accepted equivalent of performance
Definite Period Period fixed or it is known when it will come
Deflation The reduction in volume and circulation of the available money or credit,r esulting in a decline of the general
price level; opposite of inflation
Delay or default Failure to perform an obligation on time which failure constitutes a breach of obligation.
Delegacion (Novation - Substitution) which takes place when the creditor accepts a third person to take place of the debtor
at the instance of the latter. The creditor may withold approval. All parties must agree
Delivery or tradition Ownership and other real rights over property are acquired and transmitted in consequence of certain
contracts by tradition or delivery.
Disjunctive Condition There are several conditions and only one must be fulfilled
Disputable (or rebuttable) One which can be contradicted or rebutted by presenting proof to the contrary
presumption
Distributive Obligation One or two or more of the prestations is due (alternative or facultative)
Divisible Condition The condition is susceptible of partial performance
Divisible Obligation One the object of which, in its delivery or performance, is capable of partial fulfillment
Domicile The place of a person's habitual residence; the place where he has true fixed permanent home and to which
place he, whenever he is absent, has the intention of returning
Express Condonation Made either verbally or in writing
Express Novation So declared in unequivocal terms
Expromision (Novation - Substitution) which takes place when a third person of his own initiative and without the
knowledge or against the will of the original debtor assumes the latter's obligation with the consent of the
creditor
Extra-ordinary fortuitous Those events which are uncommon and which the contracting parties could not have reasonably foreseen
event
Facultative Compensation When it can be set up by only one of the parties
Facultative Obligation Only one prestation is due but the debtor may substitute another
Fortuitous Event Any event which cannot be foreseen, or which, though foreseen, is inevitable
Fraud Deliberate of intentional evasion of the normal fulfillment of an obligation
Free disposal of thing due The thing to be delivered must not be subject to any claim or lien or encumbrance of a third person
Generic or Indeterminate A thing is generic or determinate when it refers only to a class or genus to which it pertains and cannot be
pointed out with particularity. Identified by its specie.
Ideal or Intellectual Division One which exists only in the minds of the parties
Legal Loss When a thing goes out of commerce (e.g. when it is expropriated) or when a thing heretofore legal becomes
illegal
Legal Novation Takes place by operation of law
Legal Penal Clause Provided by the law
Legal Period Period provided for by laws
Legal Solidarity Where solidarity is imposed by the law
Legal Subrogation (Novation - Subrogation) when it takes place without agreement but by operation of law
Legal Tender That currency which a debtor can legally compel a creditor to accept in payment of a debt in money when
tendered by the debtor in the right amount
Legitime Part of the testator's property which he cannot dispose of because the law has reserved it for certain heirs,
called compulsory heirs
Loss A thing is lost when it perishes, or goes out of commerce, or disappears in such a way that its existence is
unknown or it cannot be recovered
Mixed Condition The condition depends partly upon chance and partly upon the will of a third person
Mixed novation When the object and/or principal conditions of the obligation and the debtor or the creditor, or both the
parties, are changed
Mixed Solidarity Solidarity on the part of the debtors and creditors, where each one of the debtors is liable to render, and each
one of the creditors has a right to demand, entire compliance with the obligation
Mora Accipiendi Delay on the part of the creditor to accept the performance of the obligation
Mora Solvendi Delay on the part of the debtor to fulfill his obligation
Natural fruits Spontaneous products of the soil, and the young and other products of animals.
Natural Indivisibility Where the nature of the object or prestation does not admit of division, e.g. to give a particular car, to sing a
song, etc.
Negligence Voluntary act or omission, there being no malice, which prevents the normal fulfillment of an obligation
Negotiorum Gestio The voluntary management of the property or affairs of another without the knowledge or consent of the
latter.
Non-reciprocal Bilateral Those which do not impose simultaneous and correlative performance on both parties
Obligation
Novation Extinction of an obligation through the creation of a new one which substitutes it; never presumed
Obligation A juridical relation created by virtue of certain facts, between two or more persons, whereby one of them,
known as the creditor, may demand of the other, known as the debtor or obligor, the observance of a
determinate conduct, and, in case of breach, may obtain satisfaction from the assets of the latter.
Obligation with a penal One which contains an accessory undertaking to pay a previously stipulated indemnity in case of breach
clause
Ordinary fortuitous events Those events which are common and which the contracting parties could reasonably foresee
Partial Compensation When two obligations are of different amounts and a balance remains
Partial Condonation Does not cover the entire obligation
Partial or modificatory When the old obligation is merely modified
novation
Passive Solidarity Solidarity on the part of the debtors, where any one of them can be made liable for the fulfillment of the entire
obligation; in the nature of mutual guaranty
Payment Consists of not only in the delivery of money but also the giving of a thing (other than money), the doing of an
act, or not doing of an act; also, performance.
Payment by cession The assignment or abandonment of all the preoperties of the debtor for the benefit of his creditors in order
that the latter may sell the same and apply the proceeds thereof to the satisfaction of their credits
Penal Clause An accessory undertaking attached to an obligation to assume greater liability in case of breach, i.e., the
obligation is not fulfilled, or is partly or irregularly complied with
Period A future and certain event upon the arrival of which the obligation subject to it either arises or is extinguished
Physical Loss When a thing perishes as when a house is burned and reduced to ashes
Pledge A contract by virtue of which the debtor delivers to the creditor or to a third person a movable instrument
evidencing incorporeal rights for the purpose of securing the fulfillment of a principal obligation with the
understanding that when the obligation is fulfilled the thing delivered shall be returned with all its fruits and
accessions
OBLICON DEFINITIONS
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Potestative Condition The condition depends upon the will of one of the contracting parties
Prescription Acquisition of ownership and other rights through the lapse of time in the manner and under the conditions
laid down by law
Presumption The interference of fact not actually known arising from its usual connection with another which is known
Principal Obligation One which can stand by itself and does not depend for its validity and existence upon another obligation
Punitive Penal Clause When the penalty is imposed merely as punishment for breach
Pure Obligation One which is not subject to any condition and no specific date is mentioned for its fulfillment, and is, therefore,
immediately demandable
Qualitative Division One based on quality, not on number or quantity of the things which are the object of the obligation
Quantitative Division One based on quantity rather than on quality
Quasi-Contract A juridical relation resulting from lawful, voluntary and unilateral acts by virtue of which the aprties become
bound to each other to the end that no one will be unjustly enriched or benefited at the expense of another.
Quasi-Delict An act or omission by a person (tort feasor) which causes damage to another giving rise to an obligation to pay
for the damage done, there being fault or negligence but there is no pre-existing contractual relation between
the parties.
Real Obligation The subject matter is a thing which the obligor must deliver to the obligee.
Real or objective novation When the object (or cause) or principal conditions of the obligation are changed
Real Right The right or interest of a person over a specific thing (like ownership, possession, mortgage), without a definite
passive subject against whom the right may be personally enforced. Directed against the whole world.
Unilateral Obligation When only one party is obliged to comply with a prestation
Usury Contracting for or receiving in excess of the amount allowed by law for the loan or use of money, goods,
chattels or credits
Venue The place where a court suit or action must be filed or instituted
Voluntary Compensation When it takes place by the agreement of the parties
Wrong An act or omission of one party in violation of the legal right or rights of another; also, injury.