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Obligations Law

Nature and Effects of Obligations, Civil Code

Updated onApril 14, 2024

Preliminary

Chapter 2 on Nature and Effects of Obligations, Book IV – Obligations and Contracts, discusses the following:

1) Rights and obligations of creditors and debtors, A1163-1178 Civil Code

2) Standard of care, A1173 Civil Code

3) Negligence in performance of obligations, A1173 Civil Code

4) Fortuitous events, A1174 Civil Code

5) Breaches of obligations, delay, demand, A1169 Civil Code

6) Remedies for breaches of obligations, A1170-1173 Civil Code

7) Usurious transactions, A1176 Civil Code

8) Transmissibility of rights, A1178 Civil Code

References

• Chapter 2 – Nature and Effects of Obligations, Title I, Book IV, Republic Act No. 386, Civil Code

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