Kinds of Obligations

1. As to perfection and extinguishment

Pure Obligations conditional Obligations OBLIGATIONS WITH A TERM

Obligations whose The acquisition of Obligations whose

performance does the rights, as well fulfillment a day
not depend upon a as the certain has been
future or extinguishment or fixed or those
uncertain event, loss of those which take effect
or upon a past already acquired, at once, but
event unknown to shall depend upon terminate upon
the parties the happening of arrival of the day
the event which certain.
constitutes the
condition (may or A day certain
may not happen) must necessarily
come although it
may not be known
when.