Advertisements
Advertisements

Thursday, April 4, 2019

Transfer of Obligations

The obligation being regarded as a bond between determinate persons could not be transferred so as to be available for or against others. This is still true of certain classes of rights in personam which are of so personal a nature as to be obviously available only as between the original contracting parties, e.g., many contracts of service. Within certain limits,...

Another classification of obligations

Classification of obligations distinguishes those which are civil from those which are natural, the natural obligation being one which is not enforceable by action. It consists, therefore, of an imperfect right and duty. Another classification of greater importance is based upon the nature of the acts and forbearances forming the content of the right and duty of which...