Law on Obligation

Law

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Sample Data

Front The effects of a conditional ob ligation to give, once the condition has been and interes fulfilled, shall retroact to the day of the constitution of the obligation. Nevertheless, when the obligation imposes reciprocal prestations upon the parties, the fruits and interests during the pendency of the condition shall be deemed to have been mutually compensated.
Back ART. 1187
Front A ___ is a future and certain event upon the arrival of which the obligation (or right) subject to it either arises or is terminated. It is a day certain which must necessarily come (like the year 2010; next Christmas), although it may not be known when, like the death of a person. (Art. 1193, par. 3.)
Back Period
Front is a future and uncertain event, upon the happening or which, the effectivity or extinguishment of an obligation (or right) subject to it depends.
Back Condition
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