BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Ordinary Delay-is merely the failure to perform an obligation on time. Legal Delay or default or mora is the failure to perform an obligation on time which failure constitutes a breach of the obligation.

Detailed explanation-2: -Legal Delay or default or mora – is the failure to perform an obligation on time which failure, constitutes a breach of the obligation. Kinds of Delay (mora) 1. Mora solvendi – or the delay on the part of the debtor to fulfill his obligation (to give or to do) by reason of a cause imputable to him; 2.

Detailed explanation-3: -Another consequence of simultaneous performance is the rule of compensatio morae, that is to say that neither party incurs in delay if the other does not or is not ready to comply in a proper manner with what is incumbent upon him. From the moment one of the parties fulfills his obligations, delay by the other begins.

Detailed explanation-4: -Mora creditoris is when there has been a breach of contract on the creditor’s part, where his delay has caused the violation and delays the debtor’s performance. Positive malperformance is a breach where the debtor commits an act contrary to the terms of the agreement.