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Business Law Reviewer Essay Preview: Business Law Reviewer Report this essay OBLIGATIONSGENERAL PROVSIONS>Obligation – a juridical necessity to give, to do, or not to do.>Juridical Necessity – requiring the performance of the law>Requisites of Obligation: 1. Passive subject – debtor/obligor 2. Active subject – creditor/oblige3. Object – subject matter of the obligation. May consist of giving, doing or not doing. 4..
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Civil Liability ActConvent Of Good FaithJuridical NecessityPerformance Of The Law