What are the 6 kinds of obligation under the civil code? Site an example or situation for each of the obligation.
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What are the 6 kinds of obligation under the civil code? Site an example or situation for each of the obligation.
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- Discuss why the concepts of contractual impossibility and frustration of purpose exist. Include an examination of how these concepts help ensure fairness to all parties. Also, what are the drawbacks to these concepts?What is the Specific duty and Ad valorem Duty? Give the difference between the two.According to Art. 1158 of the NCC, obligations derived from law are not presumed. Now, how can we determine whether an obligation arises from law or from some other source, such as a contract, a quasi-contract, a criminal offense, or a quasi-delict? Give examples.
- Under what circumstances can an offer come to an end? Discuss using case lawWhat constitutes an "undue hardship" according to the current law? Is it based solely on cost?What are some legal situation in the movie entitled Rainmake (Matt Damon) ? Explain it by siting some laws (Obligation and Contract, Business Law or Special Law)
- DQ2: Chapters 5 and 11: Unfortunately, you and Max make better friends than business partners. While Smaxy Maxy’s is roughly breaking even, there is constant conflict between the two of you. You and Max had established a partnership, and both of you recognize that the partnership must be dissolved, leaving a sole proprietor. There is no simple solution because both of you have fallen in love with Smaxy Maxy’s. You wisely consult a lawyer. She suggests a lawsuit to force the partnership dissolution. You wonder if there might be alternatives to litigation. What might those be with this fact scenario? Explain. DQ3: Chapter 14.3: You own Sam’s Sea Food and are in fierce competition with Frank’s Fish House, the businesses just a few blocks apart. Both sell a variety of fresh seafood. Frank decides on a new promotion. He advertises heavily, “one pound of fresh, wild Alaska, salmon, $8.99, first come, and first served.” However, Frank has only two of these items in the store. Is this…Senator Bang Ga is suing Hanabishi Motors, the manufacturer of its car, the Hanabishi Ferrero, for Php 3.5 million because of Sudden Unintended Acceleration, a defect it thinks has caused it bulldozing over 12 cars in a mall carpark building and eventually "jumping" out of the 5th floor of the carpark building. This accident kept it out of work for a year. Hanabishi has offered it a settlement of Php 700,000, of which Bang would receive Php 600,000 after attorneys' fees. Atty. Larry Gadon, its legal counsel, has advised it that it has a 50% chance of winning its case. If it loses, it will incur attorneys' fees and court costs of Php 75,000. If it wins, it is not guaranteed its full requested settlement. Atty. Gadon believes that there is a 50% chance it could receive the full settlement, in which case Bang would realize Php 2 million after its attorney takes his cut, and a 50% chance that the jury will award it a lesser amount of Php 1 million, of which Bang would get Php 500,000.…Critically examine the role agency from legal perspective. Discuss the duties and responsibilities of an agent