Kinds of Obligations

1. As to perfection and extinguishment

Pure Obligations conditional Obligations OBLIGATIONS WITH A TERM

The acquisition of the rights, Obligations whose fulfillment

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