Obligations and Contracts - Article 1156 - What is Obligation?

Introduction to Article 115600:00:05

Overview of Article 1156, which defines an obligation as a juridical necessity to give, to do, or not to do, specifically focusing on civil obligations.

The Concept of Juridical Necessity00:01:54

Explanation of 'juridical necessity' as the existence of a juridical tie between two parties, allowing a creditor to demand performance and seek help from the court if the debtor fails to comply.

Debtor, Creditor, and Legal Enforcement00:04:08

Definition of the roles of the debtor and creditor, and how obligations are enforceable in a court of justice, including potential remedies like the auction of assets.

Comprehensive Definition of Obligation00:05:32

Discussion of Justice JBL Reyes's expanded definition, which emphasizes the creditor's right to demand the observance of determinate conduct and satisfaction from the debtor's assets in case of breach.

Liability of Assets00:08:46

Reference to Article 2236 regarding the debtor's liability, stating that the debtor's present and future assets are subject to the fulfillment of their obligations.