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    Business Law - Pointers For Midterm Exam

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    Dianne Mendoza
    This document provides an outline for studying obligations and contracts for an upcoming midterm exam. It lists the essential requisites of obligations, sources of obligations and liability, kinds of obligations including pure, conditional, and joint, and ways obligations can be extinguished such as payment, loss of thing, or novation. It also outlines the stages of a contract and types of contracts including voidable, unenforceable, and void. Additionally, it lists several case studies to review involving obligations and contracts.

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    Business Law - Pointers For Midterm Exam

    Uploaded by

    Dianne Mendoza
    61 views1 page
    This document provides an outline for studying obligations and contracts for an upcoming midterm exam. It lists the essential requisites of obligations, sources of obligations and liability, kinds of obligations including pure, conditional, and joint, and ways obligations can be extinguished such as payment, loss of thing, or novation. It also outlines the stages of a contract and types of contracts including voidable, unenforceable, and void. Additionally, it lists several case studies to review involving obligations and contracts.

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    Business Law - Pointers for Midterm Exam

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    Business Law - Pointers for Midterm Exam

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    This document provides an outline for studying obligations and contracts for an upcoming midterm exam. It lists the essential requisites of obligations, sources of obligations and liability, kinds of obligations including pure, conditional, and joint, and ways obligations can be extinguished such as payment, loss of thing, or novation. It also outlines the stages of a contract and types of contracts including voidable, unenforceable, and void. Additionally, it lists several case studies to review involving obligations and contracts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    61 views1 page

    Business Law - Pointers For Midterm Exam

    Uploaded by

    Dianne Mendoza
    This document provides an outline for studying obligations and contracts for an upcoming midterm exam. It lists the essential requisites of obligations, sources of obligations and liability, kinds of obligations including pure, conditional, and joint, and ways obligations can be extinguished such as payment, loss of thing, or novation. It also outlines the stages of a contract and types of contracts including voidable, unenforceable, and void. Additionally, it lists several case studies to review involving obligations and contracts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Pointers for Midterm Exam

    I. Obligations
    A. Essential Requisites of an Obligation
    B. Sources of an Obligation
    C. Sources of Liability
    D. Fortuitous Event (when a person is liable and when not liable)
    E. Kinds of Obligation (definition and application)
    1. Pure Obligation vs Conditional Obligation vs Obligation with a Period
    2. Facultative Obligation vs Alternative Obligation
    3. Joint Obligation vs Solidary Obligation
    4. Divisible Obligation vs Indivisible Obligation

    F. Extinguishment of an Obligation
    1. Special Forms of Payment
    2. Loss of the Thing
    3. Confusion or Merger
    4. Compensation or Set-Off
    5. Novation

    II. Contracts
    A. Stages of a Contract
    B. Voidable Contracts vs Unenforceable contracts vs Void contracts
    C. Simulated vs Relatively Simulated Contracts
    D. Rescissible Contracts
    E. Vices of Consent

    III. Cases
    A. Spouses Berot vs Siapno
    B. Del Carmen vs Sabordo and Sabordo
    C. Security Bank Corporation vs Spouses Mercado

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