TITLE XIX CONCURRENCE AND PREFERENCE OF CREDITS CHAPTER 1 General Provisions Article 2236. The debtor is liable with all his property, present and future, for the fulfillment of his obligations, subject to the exemptions provided by law. (1911a) Article 2237. Insolvency shall be governed by special laws insofar as they are not inconsistent with this…
TITLE XVIII DAMAGES CHAPTER 1 General Provisions Article 2195. The provisions of this Title shall be respectively applicable to all obligations mentioned in article 1157. Article 2196. The rules under this Title are without prejudice to special provisions on damages formulated elsewhere in this Code. Compensation for workmen and other employees in case of death,…
TITLE XVII EXTRA-CONTRACTUAL OBLIGATIONS CHAPTER 1 Quasi-contracts Article 2142. Certain lawful, voluntary and unilateral acts give rise to the juridical relation of quasi-contract to the end that no one shall be unjustly enriched or benefited at the expense of another. (n) Article 2143. The provisions for quasi-contracts in this Chapter do not exclude other quasi-contracts…
TITLE XVI PLEDGE, MORTGAGE AND ANTICHRESIS CHAPTER 1 Provisions Common to Pledge and Mortgage Article 2085. The following requisites are essential to the contracts of pledge and mortgage: (1) That they be constituted to secure the fulfillment of a principal obligation; (2) That the pledgor or mortgagor be the absolute owner of the thing pledged…
TITLE XV GUARANTY CHAPTER 1 Nature and Extent of Guaranty Article 2047. By guaranty a person, called the guarantor, binds himself to the creditor to fulfill the obligation of the principal debtor in case the latter should fail to do so. If a person binds himself solidarily with the principal debtor, the provisions of Section…
TITLE XIV COMPROMISES AND ARBITRATIONS CHAPTER 1 Compromises Article 2028. A compromise is a contract whereby the parties, by making reciprocal concessions, avoid a litigation or put an end to one already commenced. (1809a) Article 2029. The court shall endeavor to persuade the litigants in a civil case to agree upon some fair compromise. (n)…
TITLE XIII ALEATORY CONTRACTS General Provision Article 2010. By an aleatory contract, one of the parties or both reciprocally bind themselves to give or to do something in consideration of what the other shall give or do upon the happening of an event which is uncertain, or which is to occur at an indeterminate time….
TITLE XII DEPOSIT CHAPTER 1 Deposit in General and its Different Kinds Article 1962. A deposit is constituted from the moment a person receives a thing belonging to another, with the obligation of safely keeping it and of returning the same. If the safekeeping of the thing delivered is not the principal purpose of the…
TITLE XI LOAN General Provisions Article 1933. By the contract of loan, one of the parties delivers to another, either something not consumable so that the latter may use the same for a certain time and return it, in which case the contract is called a commodatum; or money or other consumable thing, upon the…
TITLE X AGENCY CHAPTER 1 Nature, Form and Kinds of Agency Article 1868. By the contract of agency a person binds himself to render some service or to do something in representation or on behalf of another, with the consent or authority of the latter. (1709a) Article 1869. Agency may be express, or implied from…