Business Law 1

Law that is promulgated and enforced by the state.

• State Law

• Moral Law

• Divine Law

• Natural Law

State law does not concern itself with violations of the latter rules of action unless they also constitute violations of its commands.

• TRUE

• FALSE

• MAYBE

Portion of the body of law creating , defining, and regulating rights and duties which may be either public or private in character.

• Substantive Law

• Adjective Law

• Public Law

• Private Law

Portion of the body of law prescribing the manner or procedure by which rights may be enforced or their violations redressed.

• Substantive Law

• Adjective Law

• Private Law

• Public Law

Body of legal rules which regulates the rights and duties arising from the relationship of the state to the people.

• Substantive law

• Adjective Law

• Public Law

• Private Law

Body of rules which regulates the relations of individuals with one another for purely private ends.

• Substantive Law

• Adjective Law

• Public Law

• Private Law

The law on Obligations and Contracts is found in Republic Act No. _________

• 385

• 386

• 387

• 388

An obligation is a juridical necessity to give, to do or not to do.

• ARTICLE 1155

• ARTICLE 1156

• ARTICLE 1158

• ARTICLE 1159

¨Is derived from the Latin word

which means tying or binding.

• obligatio

• obligue

• obligasyo

• oblique

What is your Subject all about?

• Obligations and Contracts

• Partnership and Corporations

• Obligations and Law

• Law 1