Page 19 - Obligations & Contracts Module 1-2

IRREGULARITY OF PERFORMANCE/BREACH

Different Kinds of Obligations Categories:

(1) Pure – demandable at once, no term, no condition

(2) Conditional – a future uncertain event or a past event unknown

i. Suspensive Condition – the happening of a condition gives rise to an obligation.

Effects:

1. effectivity is retroactive

2. no retroactivity with reference to fruits or interest & prescription

3. creditor may preserve rights

4. debtor – recovery of payment by mistake or even w/o mistake