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Oblicon chapter 3 lecture digest with comprehensible notes

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Obligation and Contracts’ Digest Note: Yellow High light- ARTICLES Green font- CASE EXAMPLES Red Font- EXPLANATIONS Chapter 3 DIFFERENT KINDS OF OBLIGATIONS SECTION 1: PURE AND CONDITIONAL OBLIGATIONS ART. 1179. Every obligation whose performance does not depend upon a future or uncertain event, or upon a past event unknown to the parties, is demandable at once. Every obligation which contains a resolutory condition shall also be demandable, without prejudice to the effects of the happening of the event. (1113) If the obligation has no condition, it means the obligation is demandable at once or demandable immediately. When we say DEMANDABLE AT ONCE it means that NO NEED FOR DEMAND LETTER. It is NOT DEMANDABLE until the happening of the condition. • PURE OBLIGATION- no condition, no need for demand letter, so it is demandable immediately. -one which is not subject to any condition and no specific date is mentioned for its fulfillment and is, therefore, immediately demandable. • CONDITIONAL OBLIGATION-one whose consequences are subject in one way or another to the fulfillment of a condition. Two principal kinds of condition: 1. SUSPENSIVE CONDITION- the demandibility of the obligation is suspended until the happening of a future and uncertain event which constitutes the condition. -the fulfillmet of the condition results in the acquisition of rights arising out of the obligation. -suspended pa siya, mangyayari pa lang ang condition, will only arise upon the happening ...
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