BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -When the obligation consists in not doing, and the obligor does what has been forbidden him, it shall also be undone at his expense.-this article also known as negative obligation of prestation, that is not to do a certain thing or act. The thing done or act performed shall be undone at the expense of the obligor.

Detailed explanation-2: -1098 provides that if the obligor does not do something that is was obliged to do then, it shall be enforced at its own expense. The law also allows for the undoing something which should not have been done (art. 1099) also at the debtor’s expense.

Detailed explanation-3: -An obligor, also known as a debtor, is a person or entity who is legally or contractually obliged to provide a benefit or payment to another. In a financial context, the term “obligor” refers to a bond issuer who is contractually bound to make all principal repayments and interest payments on outstanding debt.

Detailed explanation-4: -Impossible conditions, those contrary to good customs or public policy and those prohibited by law shall annul the obligation which depends upon them. If the obligation is divisible, that part thereof which is not affected by the impossible or unlawful condition shall be valid. Article 1190.

Detailed explanation-5: -Article 1169. Those obliged to deliver or to do something incur in delay from the time the obligee judicially or extrajudicially demands from them the fulfillment of their obligation. (3) When demand would be useless, as when the obligor has rendered it beyond his power to perform.