OBLICON#2

1. It is merely the failure to perform an obligation on time.

It refers to the rate of interest that is beyond the maximum fixed by law.

. It refers to a delay on the part of the creditor without justifiable reason to accept the performance of the obligation.

. It refers to a rate of interest that is within the maximum allowed by law.

When the rate of interest intended by the parties is presumed by law, as when the loan does not specify the rate thereof.

When the interest earned is upon interest due.

. It refers to a delay on the part of the debtor to fulfill his obligation by reason of a cause imputable to him.

. It refers to a rate of interest which is stipulated by the parties.

It refers to obligation to deliver a generic thing that can be performed by a third person since the object is expressed only according to its family or genus.

. It is the fault or negligence of a person, who, because of the omission of the diligence which is required by the nature of the obligations and which must correspond with the circumstances of the persons, of the time and of the place, causes damage to another.