WebJun 1, 2024 · In an option contract, the subject matter is the right or privilege to buy (or to sell) a determinate thing for a price certain, while in a sales contract, ... Alburo Alburo and Associates Law Offices specializes in business law and labor law consulting. For inquiries, you may reach us at [email protected], or dial us at (02)7745-4391/0917 ... WebAug 31, 2024 · This covers determinate thing, obligations of a person obliged to deliver a determinate thing and what does it mean of a diligence of a good father of the fa...
Law on Sales Reviewer - Adrian Antazo.com
WebBM1707 NATURE AND EFFECT OF OBLIGATIONS Specific vs. Generic Thing • Specific/determinate – is when a thing is particularly designated or physically … WebFurther, under Article 1262 of the Civil Code, an obligation which consists in the delivery of a determinate thing shall be extinguished if it should be lost or destroyed without the fault of the debtor, and before he has incurred in delay. When by law or stipulation, the obligor is liable even for fortuitous events, the loss of the thing does ... greenview funeral home muscle shoals al
WHAT IS OPTION CONTRACT? - ALBURO LAW OFFICE
WebFeb 20, 2024 · Duties of debtor in obligation to give a determinate thing. (1) To preserve or take care of the thing due; (2) To deliver the fruits of the thing; (3) To deliver its … WebQ: Give 1 importance of analyzing determinate thing and indeterminate thing in Business Law Give 1… A: Business law refers to the body of laws that governs commercial activities and transactions between… WebDeterminate Sentence Law and Legal Definition. Determinate sentence is a sentence of confinement for a specific or minimum period specified by statute. The period fixed by … greenview funeral home obituaries