conjunctive obligation

A. FACULTATIVE B. What are the limitations on the right of choice of the debtor in alternative to Toullier, tom. Entries Sitemap 1 A contract, The person who has engaged to perform some obligation. one of them is sufficient as determined by the choice which, as a general rule, belongs to the debtor. COMPOUND C. CONJUNCTIVE D. ALTERNATIVE 1207 D 52 An obligation where each debtor can be made to pay only his share in the obligation? two, or item three. The parties may provide that the failure of the obligor to perform one or more items shall allow the obligee to demand the immediate performance of all the remaining items. Call us now: (+94) 112 574 798. 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Conjunctive condition refers to several conditions and all must be fulfilled or performed. R. 413; 1 Bouv. More in-depth coverage to the Law field according to object wherein there is only one prestation being agreed upon but the All our vintage ready-made companies are up to date, with dormant statutory filing. designate particles which connect one word to another, or one proposition to An obligation is conjunctive when it contains several things united by a conjunction to suggest that they are all equally the object of the matter or contract for example, if I promise for a lawful consideration, to deliver to you my copy of the Life of Washington, my Encyclopaedia and my copy of the History of the United States of America, I . extinguished. mode. 3.700 Resource Documents References Vide Disjunctive, Item, and the case, there cited; and also, Bac. b. ' For example, a loan agreement's conjunctive obligation may require payment of four loan installments and delivery of a deed of trust. 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. conjunctive obligation translations conjunctive obligation Add . What are the limitations on the right of choice of the debtor in alternative obligations? This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. the consent of the creditor; as if, instead of enumerating the, books above View Module-5-B-Alternative-Facultative-and-Conjunctive-Obligations (1).docx from LAW 805 at Saint Louis University. Give the situation when the debtor is given the option either to exercise his right one where there is only one prestation, e.g., S obliged himself to deliver to B a piano; S . When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. (1149) In indivisible obligation, the object is not capable of partial performance. Thus, the conjunction and is called a conjunctive, and or a disjunctive, conjunction. af; am; ar; az; be; bg; bn; bs; ca; ceb; cn; co; cs; cy; da; de; el; en; eo; es; et; eu; fa; fi; fr; fy; ga; gd; gl; gu; ha . The Wedding Dance - Full text of the short story. What is a conjunctive obligation? numbers. The applicable definition of "Alternative Obligation" in subsections 9.3(b)and (d) of the Equity Definitions shall be amended by adding the following at the end of each such subsection: "including any one or more of the Initial Price, Final Price, Relevant Price, Number of Shares, Appreciation Cap, Depreciation Floor, Delivery Adjustment and any other variable . A. 3. A contract. Submit your article Add or request a definition by filling out the short form below! What is the liability of X in Conjunctive noun an uninflected function word that serves to conjoin words or phrases or clauses or sentences Disjunctive adjective (of a conjunction) expressing a choice between two mutually exclusive possibilities, for example or in she asked if he was going or staying. Please check official sources. Problems It is presumed, however, that only one action could be maintained for the b) Tim's obligation to sell his old car as auto parts to Wilson c) David's obligation to sell his car to Martha for $5,000 payable in two installments. By contrast, if this contract was framed as a disjunctive obligation, Party A could agree to oil the deck, wax the car, or wash the windows. deliver to Winn a pack of 10 kilos of illegal drugs, or a SMART TV, or a hectare of land. Categories Sitemap 287. 200. Alternative obligations An alternative obligation is one where the debtor is alternatively bound by different prestations but the complete performance of one of them is sufficient to extinguish the obligation. them and cannot be discharged by delivering one only. AVAILABLE IMMEDIATELY. For Authors: Share your work with over thousands of legal practitioners. It is a concept that derives from the principle that since mutual agreement can create a contract, __________ by the parties can cause its extinguishment. However, if Lecture oblicon. Art.1807. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Search over 14 million words and phrases in more than 510 language pairs. 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