Page 10 - Obligations & Contracts Module 1-2

ACCESSORY OBLIGATIONS:

 When does right to fruits arise from the time the obligation to deliver arises?

a) Conditional – from the moment the condition happens

b) With a Term/Period – upon the expiration of the term/period

c) Simple – from the perfection of the contract

Failure to Comply with Performance/Remedies:

3 Kinds of Performance:

1. Specific Performance - performance of the prestation itself

2. Substitute Performance - someone else performs or something else is

performed at the expense of the debtor

3. Equivalent Performance - pay damages