Table of Contents
What is Article 1157 of the Civil Code of the Philippines?
Article 1157. Obligations arise from: (1) Law; (2) Contracts; (3) Quasi‐contracts; (4) Acts or omissions punished by law; and (5) Quasi‐delicts. Sources of Obligations Law — when they are imposed by law itself. Ex: Obligation to pay taxes; obligation to support one’s family Contracts.
What is Article 1156 of the Civil Code of the Philippines?
Article 1156. An obligation is a juridical necessity to give, to do or not to do.
What is Chapter 1 Article 13 of the Civil Code of the Philippines?
Article 13. When the laws speak of years, months, days or nights, it shall be understood that years are of three hundred sixty-five days each; months, of thirty days; days, of twenty-four hours; and nights from sunset to sunrise.
What is the meaning of Article 1167?
Article 1167 refers to an obligation to do, that is, to perform an act or render a service. It contemplates three situations: The debtor fails to perform an obligation to do. The debtor performs an obligation to do but contrary to the terms thereof. The debtor performs an obligation to do in poor manner.
What is the meaning of Article 1164?
Article 1164 of the Civil Code provides that “a payment made in good faith to the person who is in possession of the credit shall release the debtor,” and article 1163, paragraph 2, reads as follows: “A payment made to a third person shall also be valid in so far as it may have been beneficial to the creditor.”
What is Article 319 in the Philippines?
1 Article 319 of the Revised Penal Code (1932) insofar as pertinent reads as follows: “Removal, sale or pledge of engaged property. — The penalty of arresto mayor or a fine amounting to twice the value of the property shall be imposed upon: 2.
What is the meaning of Article 1163?
Article 1163. Every person obliged to give something is also obliged to take care of it with the proper diligence of a good father of a family, unless the law or the stipulation of the parties requires another standard. This article speaks of an obligation to care of a determinate thing.
What is the meaning of Article 1175?
Art. 1175. Usurious transactions shall be govern by special laws. Interest. Interest is the charge for the privilege of borrowing money or the income from lending the money to the borrower.
What is the meaning of Article 1165?
Article 1165. When what is to be delivered is a determinate thing, the creditor, in addition to the right granted him by article 1170, may compel the debtor to make the delivery. If the thing is indeterminate or generic, he may ask that the obligation be complied with at the expense of the debtor.
What is Article 171 of the Revised Penal Code?
The SC cited Article 171(2) of the Revised Penal Code, enumerating the elements that the prosecution must prove to be held criminally liable for the crime of falsification of public documents: (1) that the offender is a public officer, employee, or notary public, (2) that he takes advantage of his official position, (3 …
Who is the undersigned partner in a general partnership in the Philippines?
That we, the undersigned partners, all of legal age, residents and citizens of the Philippines, have, on this day, voluntarily associated ourselves together for the purpose of forming a general partnership under the following terms and conditions and subject to existing and applicable laws of the Republic of the Philippines;
What are the rules of partnership law in the Philippines?
That no transfer of interest which will reduce the ownership of Filipino citizens to less than the required percentage of capital as provided by existing laws shall be allowed or permitted to be recorded in the proper books of the partnership. ARTICLE VII. Partner’s Salaries.
What is the term of existence of a partnership?
Term of Existence. That the partnership shall commence on the date of execution of this Articles of Partnership and shall continue until the partners decide to terminate the partnership. ARTICLE V. Partners’ Circumstances. That the names, nationalities and complete residence addresses of the partners are as follows: 1.
What is Capital Partnership?
Capital Partners are the partners who contribute money and/or property to the partnership. They are bound to make additional contributions in case of an imminent loss of the business of the partnership. They are also liable for the losses of the business of the partnership.