Types of obligation

1191
reciprocal
RC
not necessarily reciprocal

How remedy is availed

1191
alternative remedy of specific performance
RC
remedy of last resort
Who may avail
1191
contracting parties
RC
not necessarily contracting parties, even third parties

Agreement of parties
1191
need no agreement since implied
RC
can be agreed upon

Remedy
1191
resolution
RC
rescission proper

Types of action
1191
principal action retaliatory in nature
RC
subsidiary action when plaintiff have exhausted all means to cover the damage

Basis
1191
breach of faith constituting substantial breach
RC
lesion or economic injury

Scope of cancellation
1191
obligation in its entirety
RC
extent only to cover the damage caused

Prescriptive period
1191
10 written, 6 oral
RC
4