BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SOLUTIO INDEBT
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SOLUTION INDEBITI
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SOLUTIO INDEBITI
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SOLUTION INDEPT
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Detailed explanation-1: -Solutio indebiti – is the juridical relation which is created when something is received when there is no right to demand it and it was unduly delivered through mistake.
Detailed explanation-2: -12 Mar 2020. One of the well-known and time-honored principles in the Law on Obligations and Contracts is solutio indebiti. The rule is that no person shall unjustly enrich himself at the expense of another.
Detailed explanation-3: -Negotiorum gestio – arises whenever a person voluntarily takes charge of the agency or management of the business or property of another without any power or authority from the latter. Solutio Indebiti – arise when a person unduly delivers a thing through mistake to another who has no right to demand it.
Detailed explanation-4: -Juridical Relations (def) is a legal relationship between person that is governed by private law; deals with rights and duties of parties.
Detailed explanation-5: -b. Solutio indebiti refers to payment by mistake. It is receiving payment by mistake that is not due or does not have such right to demand such payment. It creates an obligation to return such payment. Example: Romeo bought goods from Juliet Store.