Module 2

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Republic of the Philippines

POLYTECHNIC UNIVERSITY OF THE PHILIPPINES-BATAAN BRANCH


Mariveles, Bataan

BUSINESS LAW (OBLIGATIONS AND CONTRACTS)


LAW 20053
Module # 2

Overview

This Module discusses the Nature and Effects of Obligations.

Module Objective

At the end of this module, you are expected to have clear understanding of the
Nature and Effects of Obligations.

Reading Assignment

Nature and Effects of Obligations (Art. 1163-1178)


Pages 34-80, Recommended Book

Questionnaire

Define. (20 pts)

1. Generic Thing
2. Specific Thing
3. Industrial Fruits
4. Civil Fruits
5. Personal Right
6. Real Right
7. Diligence of a Good Father of the Family
8. Accessions
9. Accessories
10.Tradition
11.Mora
12. Mora Solvendi
13. Compensatio Morae
14. Dolo Incidente
15. Dolo Causante
16. Culpa Contractual
17. Culpa Aquiliana
18. Fortuitous Event
19. Mutuum
20. Disputable Presumption
Enumerate. (25 pts.)
1. Duties of Debtor in Obligation to give a determinate thing (5 pts.)
2. Duties of Debtor in Obligation to give a generic thing (2 pts.)
3. Grounds for Liability. Explain each. (4 pts)
4. When Demand is not necessary to put debtor in delay. Provide
Example for each (3 pts.)
5. Requisites for recovery of Interest. (3 pts)
6. Requisites of Fortuitous Event (4 pts.)
7. Remedies available to the creditors for the satisfaction of their claims
(4 pts.)

Essay. (15 pts.)

1. Katara of the Southern Water Tribe was obligated by Avatar Ang to


sing on Fire Lord Zuko’s birthday on January 10. Katara failed to
appear on the said date. Katara argue that Ang failed to notify or
demand her of obligation.

a. Is Katara liable for damages? State your reasons. (2.5 pts.)

b. May Ang compel Katara to sing on another day as


compensation for her failure to sing on Fire Lord Zuko’s
birthday? State your reasons. (2.5pts.)

2. Ash obligated himself to deliver a Tauros to Brock. What is/are the


obligation/s of Ash to Brock? State your reasons. (5 pts.)

3. Sakura sold and promise to deliver her only house to both Naruto and
Sasuke. Unfortunately, before the delivery of the title of the house to
either of the latter, the house was destroyed by natural causes. Is Sakura
liable to Naruto and/or Sasuke? Explain and state your reason. (5 pts.)

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