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Get pdf. Law on Obligation and Contracts. Ebook Pdf available for free PDF download.. Unit 6 — Contracts I. Definition A contract is a voluntary agreement between two or more parties that a court will enforce.
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Block 1-I. Take this quiz and see how well you understand the law of contracts. Second Semester. Thank you for interesting in our services. Meaning of Obligation The term obligation is derived from the Latin word "obligatio" which means binding or tying; it is a tie or bond recognized by law by virtue of which one is bound in favor of another to render something - and this may consist in giving a thing, doing a certain act, or not doing a certain act.
the debtor may also be made liable for damages, which represent the sum of money given as a compensation for the injury or harm suffered by the creditor or.Reply
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