ICCT Colleges Foundation, Inc. Law On Obligations and Contracts (CBBL-01) Chapter 3 Essay
ICCT Colleges Foundation, Inc. Law On Obligations and Contracts (CBBL-01) Chapter 3 Essay
ICCT Colleges Foundation, Inc. Law On Obligations and Contracts (CBBL-01) Chapter 3 Essay
B. Conjoint obligation
->> In this statement A is obliged to give B her college ring there can be no
problem because A is liable to B to give her college ring and if A fails she must give
B a P10, 000. The person entitled to demand the payment is B. In conjoint
obligation the situation shall be in a different light. To be able to acquire a
conjoint obligation, A shall be obliged to give B her college ring and to give
P10,000 as well.
C. Facultative obligation
->> A facultative obligation is one where only one prestation is due but the
debtor may substitute another. As I said earlier A is the obligor and B is the
obligee. A is obliged to give B her college ring. If the prestation fails to be granted
the debtor or the obligor may substitute another. If A fails B to give her college
ring A, in substitute for the ring she must give B P10, 000
D. Obligation with a penal clause
->> In the situation A is obliged to give B her college ring, if A fails B to give her
the ring then A is liable for the damages. If A fails to ive B the ring then she has a
penalty in the amount of P10,000. If A did not comply her obligations then B can
decide what to do.