BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Responsibility arising from fraud is demandable in all obligations. any waiver of an action for future fraud is void.
A
ARTICLE 1171
B
ARTICLE 1172
C
ARTICLE 1173
D
ARTICLE 1174
Explanation: 

Detailed explanation-1: -Any waiver of an action for future fraud is void. Waiver of action for future fraud is VOID It is void when one of the provisions of the contract contained an agreement that: in case he committed a fraud in the future, he would not be liable for it or you cannot charge him for the fraud that he committed.

Detailed explanation-2: -Article 1173. The fault or negligence of the obligor consists in the omission of that diligence which is required by the nature of the obligation and corresponds with the circumstances of the persons, of the time and of the place.

Detailed explanation-3: -According to time of commission, fraud may be past or future. The fraud referred to in this article is the fraud that refers to the fulfillment of an obligation rather than the fraud which is the origin of the obligation.

Detailed explanation-4: -ART. 1170. Those who in the performance of their obligations are guilty of fraud, negligence or delay, and those who in any manner contravene the tenor thereof, are liable for damages.

Detailed explanation-5: -Those guilty of fraud, negligence, or delay in the performance of their obligations and those who in any manner contravene the tenor thereof are liable for damages.

There is 1 question to complete.