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Law of Obligations : Obligation

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Law of Obligations : Obligation

The Law of Obligations is one of the component elements of the civil law system of law and encompasses contractual obligations[?], quasi-contractual obligations such as unjust enrichment[?] and extra-contractual obligations[?]. The Law of Obligations is one of the branches of the civil law which includes the Law of Property[?], the Law of Persons[?], the Law of the Family the Law of Successions[?], the Law of Hypothecs[?] the Law of Evidence[?] the Law of Prescription[?], the Law of Publication of Rights[?], and the Law of Private International Law[?].

The Law of Obligations seeks to organize and regulate the voluntary and semi-voluntary legal relations available between moral and natural persons under as (1) obligations under contracts, both innominate and nominate (for example: sales, gift, lease, carriage, mandate, association, deposit, loan, employment, insurance, gaming and arbitration),(2) in unjust enrichment, (3) management of the property of another, (4) the reception of the thing not due and (5) the various forms of extra-contractual responibility between persons known as delicts and quasi-delicts.


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