Obligations and Contracts

Front

one which does not contain any condition or term upon which its fulfillment is made to depend.

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Pure Obligation

Front

kind of obligation which is subject to condition.
future and uncertain event upon which the existence or extinguishments of an obligation is made to depend.

Back

Conditional Obligation

Front

its fulfillment gives rise to the obligation, if not fulfilled, no obligation will arise.

Back

Suspensive Condition

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Is a condition wherein the happening of which extinguishes the obligation

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Resolutory Condition

Front

Is a condition wherein the happening of which extinguishes the obligation

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Resolutory Condition

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when the performance or fulfillment of the condition results in the birth or acquisition of the rights contemplated in the obligation.

Back

Suspensive

Front

results in the extinguishment of the rights which have previously arisen out of the obligation

Back

Resolutory

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Is a condition that depends upon the will of one of the contracting parties.

Back

Potestative Condition

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depends upon chance and/or upon the will of the third person.

Back

Casual Condition

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Is a condition that depends partly upon the will of one of the parties and partly upon chance or upon the will of third person.

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Mixed Condition