Web— Facultative obligations may be distinguished from alternative obli-gations in the following ways: (1) As to objects due: In facultative obligations only one object is due, while … WebSep 23, 2024 · Facultative obligation refers to a type of obligation where one thing is due, but another is paid in its place. In such type of obligations there is no alternative …
Paragraphe « L’obligation facultative » de la réforme du droit …
WebALTERNATIVE OBLIGATIONS AND FACULTATIVE OBLIGATIONS. ALTERNATIVE OBLIGATION ALTERNATIVE OBLIGATION – an obligation where the debtor is required to fulfill ONLY ONE of the several prestations to extinguish the obligation. ALTERNATIVE OBLIGATIONS bound by different prestations but only one is due. A person alternatively … Web(It may be alternative or facultative) Alternative obligation – debtor is alternatively bound with various prestations that are due but the performance of one of them is sufficient to extinguish the obligation. E., Jonel borrowed P10,000 cash from Butch. It was agreed that Jonel has the alterative to pay Butch either in P10,000 cash or a ... jed 334
Obligations and Contracts SECTION 3. — Alternative ... - Quizlet
WebALTERNATIVE OBLIGATION FACULTATIVE OBLIGATION Various things are due, but the giving of one is sufficient. Only one thing is principally due, and that it is that one which generally is given, but the … WebJul 24, 2024 · 1.Simple Obligation – there is only one object 2.Compound Obligation – two or more prestations, it may be: Alternative Obligation – debtor is alternatively bound … WebObligations. (1) Various things are due, but the giving of one is sufficient. (1) Only one thing is principally due, and it is that one which generally is given, but the other (the substitute) may be given to render payment or fulfillment easy. Distinctions Between the Alternative and the Facultative. jed-334-0