Page 20 - Obligations & Contracts Module 1-2
P. 20
IRREGULARITY OF PERFORMANCE/BREACH
Rules on loss, impairment, improvement of the subject matter pending the
happening of suspensive condition/ term:
Loss/ Impairment Improvement
Specific performance rescission &
W/ fault or at expense of obligor/ damages - If it improved at the
usufructuary Indemnity & damages expense of the debtor, he/she shall
have no other right than that granted
to the usufructuary. (art 1189)
W/o fault or not at the expense of Creditor to bear damages;
the obligor Extinguished Creditor gets it
Requisites for the aforementioned Rule:
1. There is a suspensive condition
2. There is an obligation to deliver a determinate thing
3. There is loss, deterioration or improvement before the happening of the condition
4. The condition happens